Series 26: Alternative Net Capital Requirement

Taken from our Series 26 Online Guide

Alternative Net Capital Requirement

Firms may choose an alternative method to calculate their minimum net capital requirements from the net capital and aggregate indebtedness requirements listed above. If a firm chooses this alternative route, it must keep a minimum amount of net capital equal to the greater of $250,000 or 2% of its customer-related receivables (money that customers owe to the broker-dealer), such as debit balances on customers’ margin accounts and

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