Series 24: 5.11.1. Close-Outs Of Uncompleted Exchange Trades

Taken from our Series 24 Online Guide

5.11.1. Close-Outs of Uncompleted Exchange Trades

Close-outs conducted under Regulation SHO aren’t divided into buy-ins and sell-outs. They are always the result of a seller's fail-to-deliver. There are a couple reasons that Regulation SHO doesn't have to deal with situations in which the buyer is at fault for a transaction not settling on time. The risk of a buyer improperly rejecting delivery is eliminated by the exchange’s

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 5.11.1. Close-Outs Of Uncompleted Exchange Trades, you might also be interested in:

Series 63 - Reasons for Disciplining a Broker-Dealer

Series 53 - Credit Agreement

Series 63 - Suggested Notecards

Series 63 - 3.1.2.4.1.1 Notice Filing for Crowdfunding Offerings

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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 really liked the Solomon study materials. They did a really nice job of explaining the material in plain language. I have a really long commute and the audio books came in really handy!! I would recommend the Solomon study materials!

Jessie Urban, Securities America Inc, LaVista, NE

Studying for the 24 was not easy. I felt Solomon's course materials and online portal prepared me well for passing the exam in the first try. The study material was NOT overwhelmingly thrown together and I found the study program to be manageable and focused. Got me through the study period of about 4-5 weeks. I would recommend Solomon over the other courses.

Ajay A, CT, Series 24

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 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

Recently passed the Series 24 Exam. I owe it to the Solomon Exam Prep series. The format of study and testing preparation was easy to follow and comprehend. I had taken the exam before and used study material through a different provider. It did not give me the sense of readiness in the "connection of the dots" and time-management like the Solomon series did. Such a relief to see the word PASS.

Hope Brackin, Cambridge Investment Research, Inc., Auburn, AL