Series 24: Restrictions Against Borrowing And Lending With Customers

Taken from our Series 24 Online Guide

Restrictions Against Borrowing and Lending with Customers

Associated persons are prohibited from borrowing money from customers or lending money to customers unless the member firm has written procedures that specifically allow it, and these other conditions apply: (1) the customer is an immediate family member of the associated person; (2) the customer is an institution or person that lends money in its regular course of b

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I recently passed my Series 24 using Solomon Exam Prep! It was the hardest exam I've taken to date. I found all the practice exams with specific feedback to be the most helpful, though the audiobook was very helpful as well.

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