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 50 - Yield to Call

Series 79 - Price-to-Book Ratio

Series 3 - 6.1.4.3. Demand: Disappearance

Series 28 - Long Positions in Margin Accounts

Series 24 - Filing Requirements and Review Procedures

Series 26 - 1035 Exchanges

Series 63 - Chapter Three: Securities, Issuers, and Administrative Provisions

Series 24 - 4.1.2.3. Rights Offering

Series 79 - Disclosure of Price and Concessions in Selling Agreements

Series 24 - 4.1.3. Types of Issuer Organizations

Series 24 - 2.1.4. Supervisory System

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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

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 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

I would definitely recommend Solomon study materials. "Ask the Professor" was a great tool, and Karen answered my questions faster than I could keep up! I was easily able to pass the Series 79 sticking to Solomon's 6 week study program.

Julie B, Vancouver, BC Canada

I passed the Series 7 on my first attempt after using the Solomon study book and practice tests. The practice tests were crucial in understanding how the official exam would ask questions and greatly benefited me.

Jeff D, Securities America, La Vista, NE

Great study materials. The program provided the information needed to successfully pass the Series 65. Thanks Solomon!

Bryan Acuto, Trust Advisory Group, Woburn, MA