Series 24: Improper Use Of Discretionary Accounts

Taken from our Series 24 Online Guide

Improper Use of Discretionary Accounts

Member firms who have been granted discretionary power to handle customer accounts must not execute transactions that are excessive in size or frequency, given the financial resources and character of the account. Nor shall a member firm be allowed to exercise discretionary power without first obtaining the customer’s prior written consent.

For FINRA, single trans

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Improper Use Of Discretionary Accounts, you might also be interested in:

Series 54 - Chapter Three Practice Question Answers

Series 79 - Receiving Indications of Interest

Series 53 - 3.1.1.3.1. Hypothecation Agreement

Series 82 - Taxing Cash Dividends

Series 53 - Opening Customer Accounts

Series 65 - 5.1. Types of Clients

Series 82 - Supervisory System

Series 63 - Practical Application

Series 63 - Chapter 7 Practice Questions

Series 82 - 3.3.5.2. Zero Coupon Bonds

Series 52 - Part Two

Series 79 - 1.2.1. Balance Sheet

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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 studied for the Series 24 for two and a half months. I thank God for his grace passed on the first attempt. The exam simulator is superb, it's projection of readiness to sit for an exam is spot on. All the feedback I received on how difficult the test was proved to be very helpful. As a result I over studied and followed the recommended study plan step by step which was key. Thanks again Jeremy and team, Solomon exam prep is the best ;)

Nikita Brown, BMI. Atlanta, GA

I originally started studying for the series 24 with Test Teachers... After being frustrated with confusing material, out of date information, contradicting questions/answer/study guides, I bought Solomon's practice exams... After one test, two things became clear: I was grossly unprepared for the exam The material, though difficult, didn't have to be taught in such a confusing manner.I passed the 24 on the fist time because of the quality of the practice exams from Solomon. Thank you! Putting it another way...If you are using anyone else to study, you owe it to yourself and your efforts to buy the practice exams from Solomon to get a true judge of your studying efforts.

Will, Bainbridge Island, WA

I really liked the Solomon study materials. They did a really nice job of explaining the material in plain language. I have a really long commute and the audio books came in really handy!! I would recommend the Solomon study materials!

Jessie Urban, Securities America Inc, LaVista, NE

3rd time is a charm and it took Solomon to do it. None of the other materials in my first two attempts were strong enough to enable me to reason my way to the correct answers. Solomon's angle on this material was closest to the actual test and was the reason I got there.

As an aside, the ongoing personal help was very surprising and commendable. Thank you, Solomon!

Jason Bowen, Southington, CT

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