Series 66: 7.9.2 Net Capital Requirements Of Broker-Dealers

Taken from our Series 66 Online Guide

7.9.2 Net Capital Requirements of Broker-Dealers

As they do with investment advisers, states require broker-dealers to meet net capital requirements both prior to registration and at all times while their registration remains active. Unlike the simpler investment adviser requirements, however, the broker-dealer capital requirements use complex formulas that go beyond the scope of the Series 66 exam. It’s sufficient to say that you need to know that

+ Read More

More Series 66 Info

What are people saying?

Create an Account

Since you're reading about Series 66: 7.9.2 Net Capital Requirements Of Broker-Dealers, you might also be interested in:

Series 22 - Anti-Fraud Rules for Best-Efforts Commitments

Series 52 - 8.4.1.1.2. Customer Protection Rule (Rule 15c3-3)

Series 66 - Non-Qualified Retirement Plans

Series 65 - Non-Financial Investment Considerations

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Thank you so much and special thanks to the product you put out!! I did not know about Solomon a year ago when I took the Series 7 and I used another company's material. I did not pass the 7 first time and I was extremely nervous about the 66. However your product was wonderful and thanks to you guys I passed the 66 on my first try!!! Can't thank you enough!!!

Maria Raspa, Merrill Lynch, Wellesley Hills, MA

I passed my Series 66, 1st try. Your audiobook was the game changer for me. Thank you!

S Stephens, Merrill Lynch. Orlando, FL

Solomon Exam Prep materials are head and shoulders above any other company's products. I have purchased several other companies' materials and found that when it came time to take the crucial step of practice exams, every other company's answer explanations simply were too brief to be truly educational, or worse, sometimes contradictory to the text. That is when I turned to Solomon Exam Prep. After purchasing their materials, an actual team member emailed me almost every other day to ask how I was doing with my studying and offered assistance if I had questions. With this kind of support, you aren't trying to climb the mountain of becoming licensed alone! Finally, the owner also contacted me several times to thank me for my purchase and to check on my progress. There is no other company out there doing business in this exemplary way. Please be kind to yourself and START with Solomon Exam Prep materials for the BEST of success!

Rebecca Spadafore - Financial Advisor, LPL Financial. Meadville/Erie Area, PA SIE, Series 7, Series 66

I could not have passed without your study program Two secrets.... ipad2 and 1400 practice questions. Scored a 78. [Series 66]

Scott Harrison The Standard Woodland Hills, CA

I could not have passed [the Series 66] without your very comprehensive program. Thanks!

Arthur Almassy, Scottsdale, AZ

Thanks to you guys, I passed my Series 7 the first time around on Tuesday the 21st. The information given was not only accurate but easy to absorb due to the way the material was set up in your course. I will back to study the Series 66 with you.

Albert Jose, AXA Advisors, Menifee, CA