Series 3: 7.3.2.2. Segregation And Separate Accounting Of Funds

Taken from our Series 3

7.3.2.2. Segregation and Separate Accounting of Funds

A futures commission merchant must segregate its customer funds from its other accounts and deposit them in a separate account that clearly identifies the funds as belonging to a particular futures customer. Customer funds may be deposited in any of the following depositories: a bank or trust company, a futures or options clearing organization, or another FCM.

The FCM may commingle its customers’ funds into a single account or multiple accounts with one or more depo

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 7.3.2.2. Segregation And Separate Accounting Of Funds, you might also be interested in:

Series 6 - Exercise

Series 24 - 3.4. Maintaining Customer Accounts

Series 53 - Annual Affirmation

Series 53 - Assignment of CUSIP Numbers by Underwriters

Series 66 - Chapter 2 Practice Questions

Series 26 - Member Supervisory Controls

Series 54 - 3.1.2. Form A-12

Series 24 - 3.7.2.3. Price Increases and Special Memorandum Accounts

Series 7 - 17.3.1. Alternative Trading Systems

Series 65 - Margin Accounts

Series 66 - Qualified Plans for Small Businesses

Series 24 - Arbitration Process

Series 6 - 7.2.2.2. Actively Managed Strategies: Tactical Asset Allocation

Series 79 - 1.3. Other Sources

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

I've used the Solomon exam prep materials for both my SIE and Series 6 exams and passed both on the first try! The audio materials are a lifesaver and a great resource to utilize, especially while driving. Also, your team is fantastic! I reached out through the "Ask the Professor" option while studying for the SIE and the response and additional help was exactly what I needed. I highly recommend Solomon! Thanks again!

Kristina Ribali, Modern Woodmen Fraternal Financial. Naples, FL

Big thanks to Jeremy Solomon and Solomon Exam Prep w/o whose practice exams & books the Series 79 and Series 63 would be a suicide mission or death by boredom!

Andrew Romans, Los Altos, CA

THANK YOU SOLOMON! I passed the SIE in December and Series 6 in February. I do not have a background in finance. The study materials prepared me wonderfully for the exams. I used the study schedule - took a ton of practice exams and re-read the material. Also, the testimonials were very encouraging, so I had to share that I had the same amazing experience. Thank you so much!

Candace Chavez, Cetera Investment Services. Wimberley, TX