Series 52: 8.4.1.1.4. Notification Rule (Exchange Act Rule 17a-11)

Taken from our Series 52 Online Guide

8.4.1.1.4. Notification Rule (Exchange Act Rule 17a-11)

The notification rule requires a broker-dealer to give notice to the SEC and other securities regulators when certain violations of the financial responsibility rules occur.

With respect to the net capital rule, any broker-dealer whose net capital declines below the required minimum amou

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