Series 7: 15.3.1. Lender’s Privileges And Rights Of Shorted Stock

Taken from our Series 7 Online Guide

15.3.1. Lender’s Privileges and Rights of Shorted Stock

Those who lend their stock to short sellers receive a commission for the service they provide, and they earn interest on the collateral sitting in their margin account. They also retain the following privileges:

• Lenders have the right to cash dividends on the loaned stock—not from the issuing company because the lender is not the owner of record, but from the short seller. By contract, short sellers are obligated to pay

+ Read More

More Series 7 Info

What are people saying?

Create an Account

Since you're reading about Series 7: 15.3.1. Lender’s Privileges And Rights Of Shorted Stock, you might also be interested in:

Series 82 - Chapter 3 Practice Question Answers

Series 7 - Chapter 7 Practice Question Answers

Series 99 - 3.3.2.3 Commissions and Soft Dollars

Series 82 - Direct Foreign Investment

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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

Solomon is the BEST!!! Passed the Series 7 on the first try. The lessons are videos and lessons are good. The practice exams are EXCELLENT. Focus on options and muni's. Load up on practice exams and you will be fine. Thank you Solomon!!!

Brandon Collins, Benchmark. Memphis, TN

I have taken and passed the SIE, Series 7, and Series 66 using this amazing Solomon study program. Each time, I felt prepared for the exam and confident in my answers. Solomon's study structure and varying mediums of study make it interactive and easy to learn.. It's an amazing deal for the tools received. I would highly recommend this program!

Abbigayle Hanoch, LPL Financial. Ventura, NM

When I was studying Series 7 TOP OFF, I enjoy reading everyone's reviews. It was another way of encouraging me. Thank you Solomon, help me pass my 7 ! I followed the four weeks schedule, didn't do anything more or less. Jeremy contacted me and share me with his strategy. I really appreciated it! Solomon helped me pass 63 two years ago. I am buying my s65 now! Thank you again for all your help!

Nora, PA

Thanks to Solomon I was able to pass the SIE, Series 7, and Series 63, great study material if you put the hours in!

Xavier Mata, Cabrera Capital Markets. Chicago, IL

Feels so good to have passed! (Series 7) It was about as challenging as I thought it would be and I'm glad the study material prepared me for understanding the concepts, and not just memorizing terms and formulas. Only changed two of the 15 answers for questions I flagged for review and finished it with more than 90 minutes to spare. The relief I felt upon seeing "Pass" was awesome!
Used Solomon materials for both the SIE and S7. So grateful to these materials for helping me achieve a passing score on my first attempts of both exams. The study guide and videos were thorough, comprehensive and easy to follow. I found the pie charts extremely useful in helping me identify areas where I needed more study, and was grateful for the Pass Probability feature in giving me a bit of extra confidence before sitting for the exam. I would absolutely recommend all of their materials to anyone taking this journey.

Andrew Nerys, Square Inc. San Francisco, CA