Series 27: Completion Of Customer Sell Orders

Taken from our Series 27 Online Guide

Completion of Customer Sell Orders

If 10 business days after the settlement date a broker-dealer has not obtained possession of a customer’s securities after executing the customer’s sell order, it must immediately close the transaction by purchasing securities of like kind and quantity. This requirement does not apply to broker-dealers that maintain an omnibus credit account with another broker-dealer.

SEC Rule 15c3-3(m)

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Completion Of Customer Sell Orders, you might also be interested in:

Series 65 - International Economic Factors in Securities Markets

Series 51 - Introduction

Series 6 - 5.1.3.3. Additional Fees

Series 66 - 9.1.9. Broker-Dealers Operating Within a Bank Setting

Series 82 - 1.2.1.4. Electronic Delivery of Registration Documents

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

Nikita Brown, BMI. Atlanta, GA

I passed my 27 and I can't thank you enough for the preparation materials, most importantly the Final Exams. I studied for weeks for this test and buckled down the last two weeks of 6 hour study days. It's a great feeling and I couldn't have done it without you!!!

Amanda Whitney, Great Nation Investment Corporation, Amarillo, TX

I used the exam prep guide and online tests to study for the Series 50 exam. I relied completely on these study helps to prepare for the exam, which I passed!

Elizabeth Hill, Bright Bay Advisors, LLC, Long Beach, NY

Just passed the Series 24 on my first attempt. Not an easy exam so put the time in. I used the Video Lectures and the Exam Simulator from Solomon. Great resources of information!

Shawn McClain, Natixis, Charlotte NC

Special thanks to Solomon for ensuring I pass the 65! Trust in the material and you will pass. I bought multiple resources and by far, Solomon was the best. Thanks again.

Paige Robino, Fisher Investments, Plano, TX

Thank you, Solomon! I passed the SIE and am now working on Series 7. Coming from a background outside of Wealth Management and Finance, I found this material very user friendly. I regularly used the iPhone app as well as the online material, followed the study guide and took A LOT of practice tests. I am grateful for the team at Solomon with a special call out to Madi B and Jeremy S who gave me additional support whenever I needed it. I look forward to the Series 7 content as I was very impressed with the SIE content.

Jeremy Johnson, RBC Wealth Management. Green Bay, WI