Series 14: 4.1.3.1. Carrying Firms

Taken from our Series 14 Online Guide

4.1.3.1. Carrying Firms

Recall from Chapter 3 that carrying firms, also called clearing firms, handle customer orders and accounts, and they keep custody of their customers’ funds and securities. Carrying firms must have at least $250,000 in net capital.

XYZ Brokerage Firm, which was mentioned in the previous example, would be cons

+ Read More

More Series 14 Info

What are people saying?

Create an Account

Since you're reading about Series 14: 4.1.3.1. Carrying Firms, you might also be interested in:

SIE - Minimum Maintenance Requirements

Series 26 - Retail Communications

Series 7 - 5.1.2. Short Call

Series 65 - Taxation of Life Insurance Products

Series 14 - 3.1.2.2. Maintaining Books and Records

Series 79 - A1.3.2. Coincident Indicators

Series 3 - 3.4.2.2. Cattle Feeding Spread

Series 51 - Rule G-31—Reciprocal Dealings Prohibited

Series 50 - Municipal Securities

Series 24 - 2.3.6. Payment for Publications that Influence a Security’s Market Price

Series 66 - 8.1.4.1 Prospectus Delivery Requirements

Series 66 - Retirement

Series 24 - 3.8.5.5. Purchasing and Redeeming Mutual Fund Shares

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

I passed my exam! The Solomon practice tests were equal or hard than the Series 99 questions which helped me crush it! Solomon was a 10/10 experience and I will definitely recommend it to any friends and work peers. It was lifechanging.

Alyssia Simpson. Denver, CO.

I passed my Series 24 today with an 80% thanks to Solomon Test Prep! I found the most benefit from using the practice exams as a learning tool, reading each answer explanation as I went along, regardless of a(n) correct/incorrect response. I found that for this exam, understanding the concepts is equally as important as memorization! Good luck!

Audrey M., Austin, TX

The Solomon Exam Prep helped me pass the Series 7. The material is precise to the questions in the exam. The people at Solomon provided great assistance and communication.

June Cusack, Philadelphia, PA

I utilized the Solomon SIE and Series 6 Top-Off study guide package. I passed on the first time by following the exact recommendations. While the test is different than the study exam questions it covers the content in a detailed way preparing you to successfully pass the exam. Great product and customer service!

Michael Gehrich, Allstate Insurance, Ft Myers, FL

Thank you, Jeremy, and the Solomon Exam Prep team for your tremendous support - just passed Series 82 on my first try. Jeremy - your magnificent support was invaluable - right from the random "cold" query, via your website, in December down to the personalised care and coaching I received during my prep. Couldn't have nailed this without you & the team.

Shilpa Mathai, Applied Capital, Indianapolis IN