Series 24: 2.7.1.8. Alternative Net Capital Requirement

Taken from our Series 24 Online Guide

2.7.1.8. Alternative Net Capital Requirement

Firms may choose an alternative method to calculate their minimum net capital requirements from the net capital and aggregate indebtedness requirements formerly described. If a firm chooses this alternative route, it must keep a minimum amount of net capital of the greater of $250,000 or 2% of its customer-related receivables, such as debit balanc

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