Series 63: 2.1.2.4. Net Capital Requirements

Taken from our Series 63 Online Guide

2.1.2.4. Net Capital Requirements

As with investment advisers, broker-dealers are required by states to meet net capital requirements both prior to registration and at all times while their registration remains active. Unlike the simpler investment adviser’s requirements, however, the broker-dealer capital requirements use complex formulas that go beyond the scope of the Series 63 exam. It’s sufficient to know that broker-dealers are subject to substantial net capital requirements.

You

+ Read More

More Series 63 Info

What are people saying?

Create an Account

Since you're reading about Series 63: 2.1.2.4. Net Capital Requirements, you might also be interested in:

Series 50 - Revenue Bonds

Series 6 - 3.2.3. Qualified Plans for Small Businesses

Series 27 - Quarterly Form Custody Report

Series 26 - Fund Name Rule

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I relied on the Solomon Exam Prep materials to pass the Series 79 and 63. The materials are first-rate, especially the practice exams, video lectures, and recommended study plans. The staff members (including the owner) were always responsive and helpful. Thank you, Solomon.

Bob Dale, Austin Dale Group, Austin, TX

I passed my Series 63 today with an 85% and Series 6 two weeks back with an 80%. I was very nervous, but studying was made easy with Solomon Exam Prep; their simple Plain English explanations helped fight that legalese on the Series 63 especially. I totally owe this to the Solomon team, their awesome question bank, and friendly staff. "Ask the Professor" is prompt in answering all your queries. I'm definitely recommending their program to my employer.

Priya R, PA

After a lengthy absence from the securities industry, I again needed to get licensed. With the great help of Solomon, I did the SIE, Series 7, Series 63, and Series 82, in just over 5 months. The materials are comprehensive and I would recommend reading it all at least twice. Have realistic goals and meet them. Don't take too many days off as the quicker you learn the material the less likely your are to forget the initial stuff. I found the "Ask the Professor" feature to be particularly helpful (and responsive!). I hope I don't need further exams any time soon but, if I do, I will use Solomon.

Shawn Sullivan Charlestowne Securities Darien, CT

I got an 88% on my 63 exam with the help of using Solomon which helped a lot!

Brianna Davis, Foresters Financial Services, Lombard, IL

I passed with flying colors. Made an 83. Your material is awesome. I could not have done it without it. The book is a great start and then the online exam simulator seals the deal. Thanks for all your help...and especially for jumping to my aid over the weekend.

David Latham, Butler Snow Advisory Services, Ridgeland, MS

Solomon, You all are the best. I wanted to let you know....Your classes are great! You explain the material so well. I had taken the Series 6 with another company and only passed by one point! I took the course with the same company for the Series 63 and missed it by one point! Needless to say, I was a little upset. I decided to start from scratch and did it with Solomon. I passed the Series 63 with a 82%. Thanks! I am preparing to take the Series 65 and will use Solomon too. You all are great!!!

Jenee S.