Series 24: Margin Account Deposits

Taken from our Series 24 Online Guide

Margin Account Deposits

If a customer deposits cash or cash dividends into a margin account, the debit balance is reduced by that amount and the equity increased by that same amount. The SMA also increases dollar for dollar by the amount entered.

Since you're reading about Series 24: Margin Account Deposits, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 24
Please Enable Javascript
to view this content!