Series 28: Liquidation

Taken from our Series 28 Online Guide

Liquidation

When any customer fails to meet a margin call in full within the five-day payment period, the creditor must take action to eliminate the deficiency. It must either liquidate securities sufficient to meet the margin call or eliminate the margin deficiency as it exists on the day the liquidation is required, whichever is smaller. If the margin deficiency is $1,000 or less, the broker-dealer is not required to take action.

+ Read More

More Series 28 Info

What are people saying?

Create an Account

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

Series 51 - ABLE Accounts

Series 65 - 9.1.2.3.3 Special Subscription Form

Series 27 - Non-Allowable Assets

Series 6 - 5.1.7.1. Fund Distributions

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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

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 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

The online exam simulator was essential to helping me pass the Series 82 on my first attempt!! Have always used Kaplan for previous FINRA exams, so didn't know what to expect at first, but I was definitely prepared for this exam! Great job to everyone at Solomon, especially the exam writers !!

Luke Garcia, Capital Group, West Chester, PA

I took the Series 63 and passed on the 1st attempt. I have my degree in Exercise Science and had no previous finance training. I highly recommend the Solomon Exam Prep. Followed the recommended study plan and passed 8 practice tests. The practice exams prepared me for the actual test and I felt like the actual test was easier then the practice tests. Thank you Solomon!

Gary Kilanowski. Scottsdale, AZ

Thanks to the Solomon 79 exam class and online simulator I passed the 79! Your materials beat the competitors hands-down.

Shawn Leventhal, New York, NY