Series 27: Settlement Of Cash Transactions

Taken from our Series 27 Online Guide

Settlement of Cash Transactions

A broker-dealer (creditor) generally must obtain full cash payment for customer purchases within one payment period of the date a security was purchased (within four business days) or a when-issued security was made available by the issuer for delivery.

If a broker-dealer

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Settlement Of Cash Transactions, you might also be interested in:

Series 53 - 4.2.4.5. Distribution of Profits

Series 66 - 2.4.17.4 Repurchase Agreements

Series 26 - Fiduciary Accounts

Series 6 - 6.2.8.1. Accumulation Phase for a Non-Qualified Annuity

Series 53 - Time of Formal Award and Time of First Execution

Series 65 - Margin and Lending Specific Rules

Series 27 - Trading with Foreign Enemies

Series 26 - Payment Period and 90-Day Freeze

Series 50 - Exclusions from the Definition of Municipal Advisor

Series 52 - 3.4.4. Distribution of Underwritng Spread

Series 82 - Primary Market: Issuing Corporate Securities

Series 65 - Calculating Gains and Losses

Series 51 - Enforcement of MSRB Rules

Series 22 - Private Placement Due Diligence

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

Nikita Brown, BMI. Atlanta, GA

I passed my 27 and I can't thank you enough for the preparation materials, most importantly the Final Exams. I studied for weeks for this test and buckled down the last two weeks of 6 hour study days. It's a great feeling and I couldn't have done it without you!!!

Amanda Whitney, Great Nation Investment Corporation, Amarillo, TX

I just took my SIE, Series 6 and Series 63 exams — I took them all on the same day (would recommend breaking them into separate days if you can, but I had specific work reasons I had to get them done). In any event, I PASSED all 3 exams. I used the Solomon materials and was extremely satisfied. Great study materials, I couldn’t have done it without your help. Thank you!

Glenn M., Detroit, MI

I successfully passed the test [Series 65] thanks to you guys!!!!

Chad Cook, Old West Investment Management, Los Angeles, CA

The Series 6 Exam Simulator was a life saver. Thanks!

Ryan Ainsworth, Northwestern Mutual, Tacoma, WA

I used Solomon Exam Prep for both the Series 7 and 63. Everyone learns differently, and they have resources for every type of learner. Their practice exams and quizzes push you to be prepared for the most difficult questions, enabling you to be over-prepared (better than the alternative!) for your exam. I received a 93% on the Series 7 and wish the regulators provided a score for the Series 63, but needless to say I passed. If I ever need to take a regulatory exam again, I will look to these guys first.

Suraj P, New York, NY