Series 28: Business Reduction

Taken from our Series 28 Online Guide

Business Reduction

A government securities broker, at FINRA’s direction, must immediately reduce its business to a point at which the member would not be subject to a prohibition against expansion of its business if any of the following conditions continue to exist for more than 15 consecutive business days:

• The member’s liquid capital is less than 125% of total haircuts
• The member’s liquid capital minus total haircuts is less than 125% of its minimum dollar capital requiremen

+ Read More

More Series 28 Info

What are people saying?

Create an Account

Since you're reading about Series 28: Business Reduction, you might also be interested in:

Series 65 - 1.1.1.2. Important Coincident Indicators

Series 63 - 3.4. Practical Application

Series 14 - 7.2.4.5.2. Confidentiality of Qualification Exams

Series 79 - Callable Bonds

Series 82 - 1.1.2.7. Private Investment in Public Equity (PIPE) Transactions

Series 79 - 3.4.2.1. LIFO

Series 28 - Business Reduction

Series 14 - 3.1.2.2.4. Four-Year Records

Series 51 - MSRB Qualification Rules

Series 65 - 1.1.1.3 Important Lagging Indicators

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I took this Series 28 today and passed on my first try! I think the practice exams helped a ton, though in general, I would say the actual test seemed (at least to me), more difficult than the practice exams. Either way, couldn't have done it without the Solomon Exam Prep.

Gayle Espinosa. Los Angeles, CA

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 wanted to let you know I passed my Series 28 today!! Thanks for great prep materials. I have been working really long hours at my job and it was a challenge finding the time to study. The video lectures proved to be a big help. I’m glad that exam is over!!!

Nikita Brown, BMI. Atlanta, GA

Thank You. Thank You. Thank You. Having the audio, video lectures (with the printable power-point!) and exam simulator in addition to the book really engages you in the material. It becomes a game! I passed the 66 with an 84%.

Colleen Shelly, PNC Investments, Cleveland, OH

I recently passed the Series 65 exam, really recommend this study material. I used other vendors before with no success; this is the best in the market. Thanks so much!

Mauricio Reyes. Boca Raton, FL

Just passed the Series 26! As a new mom, I relied heavily on the Audiobooks and being able to read or test on my iPad whenever I could. The material was accurate and I felt well-prepared after following the suggested study schedule.

Usha Sharma, Transamerica, West Covina, CA