Series 3: 7.3.2.5. FCM Loans

Taken from our Series 3 Online Guide

7.3.2.5. FCM Loans

An FCM may loan its own funds to customers to purchase or secure the customer’s futures contracts or options and to meet margins if the loans are secured by the assets held in the customer’s own account. Unsecured loans to customers are not permitted.

CFTC Regulation 1.30

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 7.3.2.5. FCM Loans, you might also be interested in:

Series 26 - Corporate Accounts

SIE - Using Information Obtained in a Fiduciary Capacity

Series 7 - 9.2.1.2.4. Margin Requirements

Series 52 - Chapter Eight

Series 53 - Reoffering Scale

Series 14 - 9.1.4.1. Securities Futures

Series 27 - FINRA Authority to Raise Margin

Series 7 - Exercise

Series 27 - Minor Rule Violations

Series 24 - State Registration

Series 24 - 2.7.1.4.5. Market Makers

Series 3 - 7.2.4. Commodity Customer Agreement

Series 66 - Investment Advisory Fees

Series 6 - Chapter 4 Practice Questions

Series 65 - 3.1.2. Types of Mutual Funds

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I am still so giddy that I passed my Series 7 on 1/31. I truly cannot believe it. I took the 7 three times in 2019 utilizing Kaplan study materials and didn't feel good going into the tests any of the times. So shockingly I failed all three times by a lot. My highest score was a 68%. I used Solomon for my 51 in September (passed on the first try) so I thought I could try it for my 7 even though it is the hardest securities test I have taken. I felt so good going into the testing center and I passed!!! I am so grateful to have found your materials. They have been incredibly helpful and I am able to understand all the material covered in the books. I still am in shock that I passed. Now off to the 24!

Briana Turner, Cambridge Investment Research. Virginia Beach, VA

I passed the Series 7 with an 86 percent! Solomon's exam prep material is the best. I highly recommend the online study guide and exam simulator.

Kim, Las Vegas, Nevada

I just passed the series 24! It is, by far, the hardest test that I have ever taken. I had failed it 4 times using other study materials. I have never felt more defeated! Solomon Exam Prep is the best! I took over 154 practice tests...without seeing the same question twice. I was able to finally grasp the material and passed! My only regret is that I did not use the Solomon Exam Prep on my first attempt!

Bill Harpe, Capital Choice. Greensboro, GA