Series 28: Maintenance Margin

Taken from our Series 28 Online Guide

Maintenance Margin

The equity that FINRA generally requires a broker-dealer to maintain in a margin account for all long margin securities is 25% of their current market value. For the long list of exceptions, see the following sections.

For short margin securities, the maintenance margin that must generally be maintained is the greater of the values in the table that follows. We will note the exceptions momentarily.

Minimum Maintenance Margin for Short Margin Securities
Type of Security	Maintenance Margin Is the Greater of:
Stocks
• Less than $5/share	$2.50/share	Market value of stock
• $5/share and above	$5.00/share	30% market value of stock
Bonds	5% of the principal	30% market value of

+ Read More

More Series 28 Info

What are people saying?

Create an Account

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

Series 66 - Payments in Perpetuity

Series 65 - Economic Indicators

Series 66 - Federal Covered Securities and Their Sale at the State Level

Series 24 - 2.4.2. Risk Assessment of Securities Products

Series 82 - 4.7.3.3. Minor Rule Violations

Series 63 - Chapter 10 Answers and Explanations

Series 3 - 7.2.5. Discretionary Accounts

Series 79 - Debt-to-Capital Ratio

Series 50 - Lifetime Requirement

Series 24 - Regulation M and Market Manipulation

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 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 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 just passed the Series 50 exam! Yay! The Solomon Exam Prep materials are excellent. I utilized the guide book, on-line lecture, on-line course, on-line study guide and quizzes. The "Ask the Professor" feature was very helpful as well. I highly recommend their resources.

Lori Volz, Baker Tilly, Minneapolis, MN

I passed my Series 99 this past week on my first attempt. I had no previous brokerage and/or investment experience, just a background in finance.

I utilized the combination package with the textbook, video lectures, quiz simulator, and other materials. When I study for future FINRA exams I will utilize Solomon software and recommend it to my colleagues. I learn the most by listening and enjoyed the video lectures that had PowerPoint slides I could download and make notes on. The practice questions were fantastic at reinforcing the material and highlighting areas that I needed extra review on.

Tiffany Kovacevich, PNC Investments, Cleveland, OH

The Solomon Exam Prep Series helped me pass the Series 6 the first time. I used the 4 week time frame and it helped keep me on track to get the test completed when I wanted. I even received a phone call from Jeremy Solomon, the president of the company. He gave me pointers on how to study and prepare for the exam. I was also able to submit questions and get answers almost immediately. Thanks again.

Cathy Roeber, WoodmenLife, West Point, NE