Series 28: Exemptions

Taken from our Series 28 Online Guide

Exemptions

Broker-dealers whose business activities are limited with respect to handling their customers’ funds and securities are exempt from the financial restrictions of the customer protection rule.

The following are exempt:

• Introducing brokers that promptly transmit all funds and securities to their clearing broker on a fully disclosed basis.
• Broker-dealers whose only transactions involve registered investment companies or interests in an insurance company’s separate account.

+ Read More

More Series 28 Info

What are people saying?

Create an Account

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

Series 14 - Exercise

Series 50 - Exercise

Series 82 - 3.4.1.1. Preservation of Capital

Series 82 - 1.2.1.2.2. Cooling-Off Period Communications Not Deemed a Prospectus

Series 7 - Chapter Three

Series 26 - Communications Regarding Variable Insurance Products

Series 65 - Common Types of Social Media or Electronic Communications Fraud

Series 63 - 2.3.1 Agent—Definition

Series 14 - 2.4.4. Market Hours

Series 14 - 2.1.2.1. OTC Bulletin Board

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 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

You guys were instrumental to my passing the Series 79. The study materials were incredibly helpful and the quizzes and tests gave me great "live" practice. The staff reached out to me a few times to see how I was doing, answer questions and offer helpful tips. I was pleasantly surprised and greatly aided by their personal approach to ensuring my success.

Matt Tarkenton, Atlanta, GA

Big thanks to Jeremy Solomon and Solomon Exam Prep w/o whose practice exams & books the Series 79 and Series 63 would be a suicide mission or death by boredom!

Andrew Romans, Los Altos, CA