Series 24: Borrowing By Customers: Regulations U And X

Taken from our Series 24 Online Guide

Borrowing by Customers: Regulations U and X

By setting the margin requirement at 50%, Regulation T ensures that broker-dealers cannot loan a customer more than half the value of a security bought on margin. But Regulation T does not prevent a customer from seeking another lender to finance a margin transaction. Enter Regulation U.

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Borrowing By Customers: Regulations U And X, you might also be interested in:

Series 27 - Joint Back Office Arrangements

Series 24 - 5.12.1.1. Close-Outs of Long and Short Sales

Series 50 - Municipal Advisor Registration Exemptions

Series 28 - Carrying Firms

Series 82 - Conduct Rules

Series 63 - Chapter 1 Practice Questions

Series 7 - Series 7 Online Guide

Series 53 - Forms of Issuance

Series 24 - 2.2.2.3. Restrictions on the Sharing of Accounts with Customers

Series 26 - Customer Suitability

Series 50 - Advance Refunded Bonds

Series 66 - 1.1.5.5 Measures of Profitability

Series 53 - 6.2.4.1. Rejection of Delivered Securities

Series 54 - 1.5.3. Independent Registered Municipal Advisor (IRMA) Exemption

Series 65 - Chapter Six Practice Question Answers

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I tried studying on my own using materials from another vendor, which was super wordy and lengthy. After much frustration, I looked for new study materials and discovered Solomon. It is concise, clear and presented well. The subject area quizzes and practice exams were unlimited and very helpful. Six weeks later I passed the Series 24 with an 85! I would not hesitate to use Solomon again, should the need arise.

Yasmeen M.

I passed the Series 24 on the first try with an 80%! This was the highest of all of my Series exam scores and I attribute much of my success to Solomon's amazing study materials. The practice exams are spot-on and the video lectures were a great supplement to the readings. I suggest following the study schedule Solomon provides for a successful outcome!

Katelyn H, Las Vegas, NV

I studied for the Series 24 for two and a half months. I thank God for his grace passed on the first attempt. The exam simulator is superb, it's projection of readiness to sit for an exam is spot on. All the feedback I received on how difficult the test was proved to be very helpful. As a result I over studied and followed the recommended study plan step by step which was key. Thanks again Jeremy and team, Solomon exam prep is the best ;)

Nikita Brown, BMI. Atlanta, GA

Passed the 24 today ... fun test.. You have a great product. The material was easy to follow and the practice tests were very, very helpful. Thank you.

Danny Klingler, Kestra Financial, Austin, Texas

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

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