Series 24: Rule 15g-1—Exemptions For Certain Penny Stock Transactions

Taken from our Series 24 Online Guide

Rule 15g-1—Exemptions for Certain Penny Stock Transactions

  • • Transactions by broker-dealers whose transaction revenue (commissions and markups and markdowns) from penny stocks is less than 5% of their total revenue
  • • Transactions by broker-dealers who have not acted as a market maker f

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