Series 14: 4.4.3. Treatment Of Free Credit Balances

Taken from our Series 14 Online Guide

4.4.3. Treatment of Free Credit Balances

Free credit balance refers to the cash held in a customer’s account that she may withdraw on demand. In a margin account, a free credit balance is an amount in excess of the customer’s initial margin requirement and short sale proceeds.

Broker-dealers cannot carry a customer’s free credit balance or use it, unless they have established procedures to ensure that customers receive with t

+ Read More

More Series 14 Info

What are people saying?

Create an Account

Since you're reading about Series 14: 4.4.3. Treatment Of Free Credit Balances, you might also be interested in:

Series 51 - Beneficiaries

Series 65 - 8.7.1. Definition of Investment Adviser

Series 27 - Customer Confirmations

Series 7 - 10.1.1 Regulation Best Interest

Series 66 - 9.4.7.1. Best Practices for Forming a Cybersecurity Plan

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would like to say a big thank you to Solomon for helping me pass my Series 14 exam. I took this exam the first time and missed passing by few marks. I was really sad and discouraged so reached out to Jeremy Solomon and he really took the time to talk to me and provide his guidance and advice. He also provided me with additional resources immediately to help with my second attempt. I recently passed this exam. Their study material is easy to understand and the Online Exam Simulator also has a lot of questions chapter-wise which were very helpful. Their customer service has been amazing and very responsive. Thank you Solomon. I will definitely recommend Solomon for anyone planning to take this exam.

Rachna Shah, CBRE. Beverly Hills, CA

Solomon has a dedicated team of professionals who prepare the written materials, present video summaries and provide practice exams in 4 different formats and are available anytime to answer questions and clarify materials. Thanks to a robust study program I felt fully prepared and confident to write the Series 82 exam and achieved a score of 87%. Thank you Solomon Exam Prep.

Karen Powell, Wren Capital LLC, NY, NY

I haven't taken an exam in about 15 years and I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The material was extremely thorough and comprehensive. The online questions, quizzes and exams were very comparable in difficulty to the actual exam, thus providing the foundation for my success. Thank you for your guidance.

J. Mark Chapman, IBIC LLC, Madison, CT

I passed the Series 50 on the first attempt thanks to Solomon's materials. Although the questions on the exam were much more difficult and complex in structure and format than the Solomon practice exams, the study materials & practice exams did enforce the concepts that the actual exam was testing. Thank you Solomon!!!

Lisa Gesin, Gesin Consulting, Dallas, TX

I thought the Series 79 materials were top notch. The Solomon practice exams were pretty spot on to what I encountered when I took the exam. Your course was key to my passing the exam on the first try. Thank you and money well spent.

Jeffrey Bartlett RSA Capital, Mequon, Wisconsin

Recently passed my Series 22 using the Solomon material. Failed the exam once previously using The Securities Institute of America material. Solomon gave me the tools in order to succeed and pass my exam. I highly recommend this material!

Cole Seelhammer. New Braunfels, TX