Series 27: Exemptions

Taken from our Series 27 Online Guide

Exemptions

Broker-dealers whose business activities are limited with respect to handling their customers’ funds and securities are exempt from the financial restrictions of the customer protection rule.

The following are exempt:

• Introducing brokers that promptly transmit all funds and securities to their clearing broker on a fully disclosed basis.
• Broker-dealers whose only transactions involve registered investment companies or interests in an insurance company’s separate account.

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Exemptions, you might also be interested in:

Series 50 - 529 College Savings Plans

Series 24 - 1.2.2. Broker-Dealers and the FINRA Membership Process

Series 63 - 3.1.2.3.2. Registration by Coordination

Series 6 - Chapter One

Series 66 - 5.3.2.3 Education Savings Bond Program

Series 6 - Function Two

Series 66 - 6.7 Types of Trading Accounts

Series 50 - Amendments to Exchange Act Section 15b

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

Nikita Brown, BMI. Atlanta, GA

I passed my 27 and I can't thank you enough for the preparation materials, most importantly the Final Exams. I studied for weeks for this test and buckled down the last two weeks of 6 hour study days. It's a great feeling and I couldn't have done it without you!!!

Amanda Whitney, Great Nation Investment Corporation, Amarillo, TX

The audio book was fantastic, and I passed the Series 65 on my first attempt. Thank you!

Steve O'Dell, Merrill Lynch, Westchester, NY

I'm incredibly grateful I chose Solomon Exam Prep to prepare me for the Series 79. The materials are very thorough and up-to-date, and the staff incredibly dedicated, knowledgeable and helpful - both of which are extremely necessary to pass this difficult exam. And, I passed! Thank you Solomon!

Krista Barbour, Boulder, CO

I just passed my Series 26, Principal license. Thank you Solomon, the content was great and the exam simulator was the perfect tool to get this passed!

Greg Fierle, American Fidelity. Springboro, OH

After using other exam preps, I settled on Solomon. This material was spot on! If you follow the study guides, read the chapters, watch the videos and listen to the audio, you will pass!! Good Luck! Thank you Solomon!

Celeste Gullo, Allstate Insurance, Glen Head, NY