Series 27: Cash Account

Taken from our Series 27 Online Guide

Cash Account

In a cash account, all transactions must be paid in full with cash or securities within four business days of the trade date. A cash account does not allow debit balances beyond this time for the purpose of buying or selling securities, and it cannot be used for short sales. Failure to make full payment may result in freezing the cash account, requiring that additional purchases be fully pai

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Cash Account, you might also be interested in:

Series 22 - 1.2.1.2.2. Characteristics of a Regulated Investment Company

Series 24 - 2.3.2.1. Cash Compensation

Series 82 - Private Placement Documents

Series 66 - Chapter 7 Practice Questions

Series 79 - 12.4. After the Buyer is Selected

Series 99 - 2.4.1 Lifetime Records

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

Passed my Series 65 on the first try! Solomon really has everything you need to pass. I followed the recommended schedule and took a ton of practice tests. This gave me a ton of confidence and it paid off!

Andrea Rivera, ForUsAll. Salt Lake City, UT

Solomon Exam Prep prepared me well with a large variety of questions on the practice exams. I was able to pass my SIE on my first attempt, onto the Series 7!

Andrew Johnson, First State Investment Services. Worthington, MN

For the Series 6 exam, I used the Solomon 4-week study schedule. I really didn't do anything special, I just stuck to the study schedule each day. I used the app on my phone quite a bit for convenience.

The Solomon Live Class was timed perfectly one week prior to my exam, so it turned out to be somewhat of a review session, which is what I had hoped it would be. The concepts covered in the Live Class were helpful because McCallister broke them down into plain English and real-world examples.

The one place I varied from the study schedule was in the number of times I took the Exam Simulator. I took the Exam Simulator Practice Test 36 times and monitored my Pass Probability. Once I had my Pass Probability at 90%, I felt I was ready.

Arthur Priddy, Farmers Insurance. Jackson, Tennessee

I never would have passed the 79 if not for Karen and Solomon Exam Prep. Thanks guys!

Bob Vinson, Houston, TX