Series 24: Lender’s Privileges And Rights Of Shorted Securities

Taken from our Series 24 Online Guide

Lender’s Privileges and Rights of Shorted Securities

Those who lend their stock to short sellers receive a commission for the service they provide, and they earn interest on the loaned stock as well. They also retain the following privileges:

• Lenders have the right to cash dividends on the loaned stock—not from the issuing company, because the lender is not the owner of record, but from the short seller. By contract, the short seller is obligated to pay the am

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Lender’s Privileges And Rights Of Shorted Securities, you might also be interested in:

Series 3 - 4.2.1.3.2. Liquidation

Series 63 - Chapter 4 Practice Questions

Series 24 - 4.1.3.3. Limited Partnerships

Series 79 - Road Shows and Electronic Road Shows

Series 7 - 3.6.39 Rule G-40—Electronic Mail Contacts with the MSRB

Series 65 - Internal Rate of Return (IRR)

Series 53 - 4.2.1.3. Negotiated Sale Authorization

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I passed the 24 the first time with the help of the Solomon materials. The online course and the exams really helped focus in and clarify what was important. I've recommended them to all of my colleagues!

Corrinne Kaucher

I was very apprehensive about the Series 24 exam prior to taking it. Everyone I knew who had taken it informed me that it was an incredibly difficult test, with questions that were meant to trick you. After following Solomon's six week study outline and making flashcards for my weakest areas, I was averaging in the high 80s on the Solomon practice exams. That gave me the confidence I needed to walk into the test center feeling prepared, and the knowledge I needed to walk out of the test center having scored an 88. I am now recommending the Solomon Series 24 materials to everyone at the office!

Janie Richards, Austin, TX

I was very impressed with all elements of Solomon's Series 24 offerings. Solomon provided an incredibly organized system for me to utilize, which kept me "on point" and focused. I felt good confidence going into the test because of the structured system that Solomon developed. I would certainly recommend Solomon to anyone that is taking the Series 24.

William Bundy, Bundy Group. Charlotte, NC

I recently passed my Series 24 using Solomon Exam Prep! It was the hardest exam I've taken to date. I found all the practice exams with specific feedback to be the most helpful, though the audiobook was very helpful as well.

Diane Pouliot, RBC, Minneapolis, MN

I stuck to the outline day by day and it really helped me with sticking to a routine and curriculum. I passed the Series 24 on my 1st try! Would definitely recommend this to anyone in the Securities Industry.

Rima Mehta, PNC Investments, Charlotte, NC

3rd time is a charm and it took Solomon to do it. None of the other materials in my first two attempts were strong enough to enable me to reason my way to the correct answers. Solomon's angle on this material was closest to the actual test and was the reason I got there.

As an aside, the ongoing personal help was very surprising and commendable. Thank you, Solomon!

Jason Bowen, Southington, CT