Series 3: 7.3.2.2. Segregation And Separate Accounting Of Funds

Taken from our Series 3 Online Guide

7.3.2.2. Segregation and Separate Accounting of Funds

A futures commission merchant must segregate its customer funds from its other accounts and deposit them in a separate account that clearly identifies the funds as belonging to a particular futures customer. Customer funds may be deposited in any of the following depositories: a bank or trust company, a futures or options clearing organization, or another FCM.

The FCM may commingle its customers’ funds into a single account or multiple accounts with one or more depo

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 7.3.2.2. Segregation And Separate Accounting Of Funds, you might also be interested in:

Series 65 - First Market

Series 99 - 3.1.7 Front Running of Block Transactions

Series 24 - Margin Requirements for Credit Default Swaps

Series 65 - Tax Considerations

Series 14 - 8.6. Account Transfers

Series 66 - Preservation of Capital

Series 66 - 9.2. Compensation

Series 3 - 6.1.5.2. Demand: Fiscal Policy

Series 24 - Compliance with Rules & Registration Requirements

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I loved using Solomon Exam Prep. I used Solomon for 1 month and passed my Series 65 exam. I had previously used Kaplan and failed the same exam. I feel as if Solomon provided significantly better Exam prep and technology in a more concise manner than any other system I have used. Thank you for such a great service.

Mackenzie Abbate Knights of Columbus Slidell, Louisiana

I took the Series 63 and passed on the 1st attempt. I have my degree in Exercise Science and had no previous finance training. I highly recommend the Solomon Exam Prep. Followed the recommended study plan and passed 8 practice tests. The practice exams prepared me for the actual test and I felt like the actual test was easier then the practice tests. Thank you Solomon!

Gary Kilanowski. Scottsdale, AZ

Recently passed the FINRA Series 22 Exam. Though the exam is short, the material is obscure and not what you deal with every day in the industry. Solomon did a great job of putting together material and providing a deep understanding. After about 6 weeks of studying and taking 2 practice exams a day, I passed the exam on the first try! Thanks for putting together a robust training product.

Eric Stroehle, Steelwater Wealth Management. Oakville, CT