Series 24: 3.7.2.5. Margin Account Deposits

Taken from our Series 24 Online Guide

3.7.2.5. Margin Account Deposits

If a customer deposits cash or cash dividends into a margin account, the debit balance is reduced by that amount and the equity increased by that same amount. The SMA also increases dollar for dollar by the amount entered.

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 3.7.2.5. Margin Account Deposits, you might also be interested in:

Series 65 - 7.3.14. Dollar-Weighted Return

SIE - 8.2.8. Trust Accounts

Series 66 - 4.3.1. Capital Asset Pricing Model

Series 63 - 1.3.1 Investment Adviser Representative—Definition

Series 65 - 2.10.2. Refunding of Bonds

Series 54 - 1.3.5. Indirect Advice

Series 7 - 12.2.1.3 Post-Effective Period

Series 26 - Board of Directors

Series 66 - 1.3 Risk

Series 66 - Prohibited Mutual Fund Practices

Series 66 - 2.4.9. Yield Spread

Series 65 - 7.2.1.2.1.2. Minimum Maintenance Requirement

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Excited to say I passed the Series 24 the first time I sat for the exam. The course material and exam simulator were paramount in my preparation.

Ben Young, Berthel Fisher. Cedar Rapids, IA

Between September 18 and December 3, I took exams for the Series 62, 63, 6 and 24. I studied for everything with Solomon, and passed them all on the first try. Solomon’s interactive/Ask the Professor teaching method was extremely helpful in grasping the necessary concepts. What a relief to be done. Thanks, Karen!

Karen H, Dalkeith Group, High Falls, NY

I wanted to let you know I passed the exam [Series 24] this morning! The practice exams were invaluable. Thank you for your extra help and suggestions. I have recommended this to two of my co-workers who will be taking the Series 7 this year. I will say, the 24 was worded so tricky. And so much irrelevant info put into the questions. I had to write down pieces of the question to get the gist of what it was asking. Very purposfully confusing. But it's over and I'm thankful for your product. Thx again

Karmen Richards, Multi Financial Securities, Greensboro, NC

I was very apprehensive about the Series 24 exam prior to taking it. Everyone I knew who had taken it informed me that it was an incredibly difficult test, with questions that were meant to trick you. After following Solomon's six week study outline and making flashcards for my weakest areas, I was averaging in the high 80s on the Solomon practice exams. That gave me the confidence I needed to walk into the test center feeling prepared, and the knowledge I needed to walk out of the test center having scored an 88. I am now recommending the Solomon Series 24 materials to everyone at the office!

Janie Richards, Austin, Texas

After trying numerous study materials, Solomon was the key to pass my Series 24. The live class was a perfect complement. Thank you Karen for your assistance!

Marie, Miami, FL

I just passed the series 24! It is, by far, the hardest test that I have ever taken. I had failed it 4 times using other study materials. I have never felt more defeated! Solomon Exam Prep is the best! I took over 154 practice tests...without seeing the same question twice. I was able to finally grasp the material and passed! My only regret is that I did not use the Solomon Exam Prep on my first attempt!

Bill Harpe, Capital Choice. Greensboro, GA