SIE: Minimum Maintenance Requirements

Taken from our SIE Online Guide

Minimum Maintenance Requirements

Margin accounts also have minimum maintenance requirements. Under these requirements, the customer must keep a certain amount of equity in the account at all times. According to FINRA rules, customers with a long position must maintain at least 25% of the market value of any stock in equity. Short positions require customers to maintain at least 30% of the market value.

Let’s look at an example. Suppo

+ Read More

More SIE Info

What are people saying?

Create an Account

Since you're reading about SIE: Minimum Maintenance Requirements, you might also be interested in:

Series 65 - Odd Lot Theory

Series 14 - 5.2.1. Upholding Industry Standards

SIE - 5.1.1.2.6. Currency Risk

Series 65 - Reasons for Disciplining an Adviser, IAR, Broker-Dealer, or Agent

Series 65 - 2.16.3.1.1. Dividend Discount Model

Series 53 - Six-year Minimum Requirement

Series 79 - 3.4.2.2. FIFO

Series 65 - 6.2.1.2 Investment Policy Statement

Series 65 - 1.5.1.2.7. Call Risk

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Excellent! The Solomon curriculum prepared me well enough to make me feel comfortable during the actual exam. Practice questions and mock exams were challenging enough to test my knowledge but not too challenging to the point where I was discouraged.

Alex Syku. Easton, CT

I passed my SIE. I was using Kaplan and it was not working out as well. I did study the book, did the simulated exams about 15 times and quizzes at least 5 times each before taking the exam. The testimonials here helped me follow a strategy and I stayed focused on passing. Solomon exam prep material really prepares you for the exam, I passed on Aug 21 2021 after using other competitive materials to no success. Thank you Solomon Exam Prep.

Omo Vanwie, Morgan Stanley. Columbus, OH

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

This program and study prep is amazing. I took and passed my SIE on the first attempt. If you follow the study guide you should be fine. I got to tell you I have never passed a test on the first go. Thanks, Jeremy! I appreciate all your tips and help you posted on the feed. It was all very beneficial to my success.

Tyrone Foster, Hall Labs. Provo, UT

I only used the exam simulator and it was the best decision I made! I read a different textbook and used Solomon solely for test prep questions. I promise you the $70 or so this cost is 100% worth it. Every question that I got on my exam (May 2020) was related to all the questions asked in the Solomon exam simulator. If you are willing to put in the work and take all of the chapter quizzes and then take 5 each of the time/not timed exams you will pass. Another good thing is that you can download their app and take exams on your phone - I found this very useful when I didn't want to always be on my laptop all day.

Nick Sciortino, Barrington, NJ

Using the Solomon SIE exam practice was a huge help at preparing for the types of questions that were asked on the real test. If you are passing the tests on Solomon’s practice exams with a consistent 75% pass rate, you should feel confident going into the test. Good luck, thank you Solomon!

Blake Rossman, True Wealth Financial, Fircrest, WA