Series 28: Cash Account

Taken from our Series 28 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 28 Info

What are people saying?

Create an Account

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

Series 99 - Function Two

Series 79 - 11.4.4. Shareholder Approval

Series 65 - 10.11.5 Client Confidentiality

Series 27 - Fingerprint Records

Series 66 - Free-Look Period

Series 53 - Commitment Wire

Series 6 - 7.3.1. Different Types of Investors and Investment Strategies

Series 24 - 1.1.1.2.2. Filed Electronically

Series 66 - Uniform Securities Act

Series 51 - Opening Institutional Customer Accounts

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

Your study material laid a great foundation in my understanding of the tested material and was instrumental in my passing the Series 50.

Steven Scharff, Springsted Incorporated, Saint Paul, MN

I passed the SIE on my first attempt thanks to Solomon Exam Prep's structure and chapter guides consolidating a large amount of information into easy to learn material. I did not study finance in College and have been in Compliance for the better part of my career. This has been a validating experience thanks to Solomon Exam Prep.

Marlon Gonzalez-Perez, Tradition. New York, NY

I used Solomon Exam Prep for both the Series 7 and 63. Everyone learns differently, and they have resources for every type of learner. Their practice exams and quizzes push you to be prepared for the most difficult questions, enabling you to be over-prepared (better than the alternative!) for your exam. I received a 93% on the Series 7 and wish the regulators provided a score for the Series 63, but needless to say I passed. If I ever need to take a regulatory exam again, I will look to these guys first.

Suraj P, New York, NY