Series 24: 3.2.1. Individual Accounts

Taken from our Series 24 Online Guide

3.2.1. Individual Accounts

Most accounts will be opened by individuals and will be plain vanilla accounts. Individuals must fill out a new account form to open an account. An individual account has only one owner. A representative may not give account information to anyone else, including the spouse of the account owner.

The owner is the only one who can trade in the account unless third-party trading authorization has been granted. There are three kinds of third party trading authorization:

1. Limited trading authority allows a third party to trade in the account, but the third party cannot make withdrawals.

2. Full trading a

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 3.2.1. Individual Accounts, you might also be interested in:

Series 65 - National Market System

Series 24 - 4.6.1. Firewall Between the Research and Investment Banking Departments

Series 6 - 4.3.10.2. Discount Bonds

Series 24 - Exercise

Series 66 - Post-Registration Requirements

Series 28 - Open Contractual Commitments

Series 66 - National Market System

Series 53 - Variable-Rate Demand Obligations (VRDOs)

Series 7 - 14.4.2 Margin Accounts

Series 66 - Chapter 1 Practice Question Answers

Series 50 - Private Activity Bonds

Series 27 - Trade Confirmations

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I stuck to the outline day by day and it really helped me with sticking to a routine and curriculum. I passed the Series 24 on my 1st try! Would definitely recommend this to anyone in the Securities Industry.

Rima Mehta, PNC Investments, Charlotte, NC

I wanted to let you know I passed the exam [Series 24] this morning! The practice exams were invaluable. Thank you for your extra help and suggestions. I have recommended this to two of my co-workers who will be taking the Series 7 this year. I will say, the 24 was worded so tricky. And so much irrelevant info put into the questions. I had to write down pieces of the question to get the gist of what it was asking. Very purposfully confusing. But it's over and I'm thankful for your product. Thx again

Karmen Richards, Multi Financial Securities, Greensboro, NC

I tried studying on my own using materials from another vendor, which was super wordy and lengthy. After much frustration, I looked for new study materials and discovered Solomon. It is concise, clear and presented well. The subject area quizzes and practice exams were unlimited and very helpful. Six weeks later I passed the Series 24 with an 85! I would not hesitate to use Solomon again, should the need arise.

Yasmeen M.

I studied for the Series 24 for two and a half months. I thank God for his grace passed on the first attempt. The exam simulator is superb, it's projection of readiness to sit for an exam is spot on. All the feedback I received on how difficult the test was proved to be very helpful. As a result I over studied and followed the recommended study plan step by step which was key. Thanks again Jeremy and team, Solomon exam prep is the best ;)

Nikita Brown, BMI. Atlanta, GA

Finally! Having used the study material provided by my firm, I couldn't get over the passing level. Came out of pocket for Solomon, and passed [the Series 24] on the first effort - Thank you!

Scott Krogmann, Regions Bank, Knoxville, TN

I would just like to say that Solomon’s customer service was excellent. The material was clear and easy to understand and I feel that it prepared me extremely well for my exam. I found the study outline to be the most helpful in keeping me on track. I would definitely refer the material to anyone taking the Series 24. Thank you to the Solomon team for helping me pass my 24!

Tamaqua Roland, Philadelphia, PA