Series 24: Alternative Net Capital Requirement

Taken from our Series 24 Online Guide

Alternative Net Capital Requirement

Firms may choose an alternative method to calculate their minimum net capital requirements from the net capital and aggregate indebtedness requirements listed above. If a firm chooses this alternative route, it must keep a minimum amount of net capital of the greater of $250,000 or 2% of its customer-related receivables, such as debit balances on custom

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I used Solomon to sit Series 24 and Series 79, passing with 81% and 88% respectively. Having looked at other material providers, Solomon stands out because of their prompt replies to student questions and the completeness of the answers provided – they are the best out there!

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Karen H, Dalkeith Group, High Falls, NY