Series 24: 2.3.2. Restrictions On Member Compensation

Taken from our Series 24 Online Guide

2.3.2. Restrictions on Member Compensation

Compensation received for the sale and distribution of pooled investment vehicles, such as variable annuities, mutual funds, and DPPs, is strictly regulated to prevent incentivizing brokers to sell an issuer’s or sponsor’s product against their customer’s best interest.

In connection with the sale and distribution of pooled investment vehicles, no associated person shall accept any compensation from anyone other than the member firm for which that person is employed, unless all of the following conditions apply:

• The ar

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 2.3.2. Restrictions On Member Compensation, you might also be interested in:

Series 52 - 8.4.2. MSRB Rules

Series 26 - Withdrawal of Equity Capital

Series 66 - Capital Gains and Losses

Series 79 - Market Risk

Series 7 - 6.1.3.3 Additional Fees

Series 53 - Solicitation of Municipal Securities Business

Series 79 - Open Market Operations

Series 14 - 6.1.6.1. Rule 137: Research by Nonparticipating Broker-Dealers

Series 65 - 6.1.1.2.2.2 Capital Gains on the Sale of Mutual Fund Shares

Series 51 - Enforcement of MSRB Rules

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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.

Studying for the 24 was not easy. I felt Solomon's course materials and online portal prepared me well for passing the exam in the first try. The study material was NOT overwhelmingly thrown together and I found the study program to be manageable and focused. Got me through the study period of about 4-5 weeks. I would recommend Solomon over the other courses.

Ajay A, CT, Series 24

Jeremy, I just wanted to take a moment to say thank you so much for your wonderful product! Your study guides helped me pass the 7, 66, 24, 52, and 53 all within 2 and a half months. Thank you again!

Christopher Kriak, Compliance Analyst, PNC Investments, Pittsburgh, PA

I had tried another learning system before Solomon and walked into the Series 24 unprepared and subsequently failed. After using the Solomon system for three weeks, taking full advantage of the app on my cell phone I walked into my second attempt very prepared for the type of questions I was going to see. Not only did I pass, I did so with confidence. Thanks so much Solomon!

Steven Eisner, Penn Mutual/HTK, Hauppauge, NY

Just passed the Series 24 on my first attempt. Not an easy exam so put the time in. I used the Video Lectures and the Exam Simulator from Solomon. Great resources of information!

Shawn McClain, Natixis, Charlotte NC