Series 28: Business Reduction

Taken from our Series 28 Online Guide

Business Reduction

A government securities broker, at FINRA’s direction, must immediately reduce its business to a point at which the member would not be subject to a prohibition against expansion of its business if any of the following conditions continue to exist for more than 15 consecutive business days:

• The member’s liquid capital is less than 125% of total haircuts
• The member’s liquid capital minus total haircuts is less than 125% of its minimum dollar capital requiremen

+ Read More

More Series 28 Info

What are people saying?

Create an Account

Since you're reading about Series 28: Business Reduction, you might also be interested in:

Series 24 - Tax-Qualified Plans

Series 53 - 2.5.5.12. Solicitation of Municipal Securities Business

Series 66 - Sharpe Ratio

Series 63 - Chapter 9 Practice Questions

Series 63 - 4.5.1. Common Categories of Investment Advisory Fraud

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I wanted to let you know I passed my Series 28 today!! Thanks for great prep materials. I have been working really long hours at my job and it was a challenge finding the time to study. The video lectures proved to be a big help. I’m glad that exam is over!!!

Nikita Brown, BMI. Atlanta, GA

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 took this Series 28 today and passed on my first try! I think the practice exams helped a ton, though in general, I would say the actual test seemed (at least to me), more difficult than the practice exams. Either way, couldn't have done it without the Solomon Exam Prep.

Gayle Espinosa. Los Angeles, CA

I paid for the best package (Series 63 Total Study Package), and it was well worth the money!! Would use it again!

Greg Hensley

For the Series 99 I bought and studied the STC and the Kaplan study manuals and test banks but I pattern matching questions versus fundamentally understanding the content. I stumbled upon the Solomon test bank during a Google search and I am glad that I did. The Solomon test bank went into a lot more detail in the answers which allowed me to better understand the actual content versus just pattern recognition in the questions. Some have said that the Solomon test bank is harder than the test which I think may be true but learning the content at this level of detail is how I was able to feel confident walking in and walking out with a pass on the first attempt.

Garry Kindred Denver, CO

Nikita Brown, BMI. Atlanta, GA