Series 27: Exemption For Clearinghouse Liens

Taken from our Series 27 Online Guide

Exemption for Clearinghouse Liens

Commingling with the securities of persons other than customers is permitted for the clearing corporation of a national securities exchange or securities association on loans made and to be repaid on the same calendar day if it is incidental to the clearing of its transactions. A hypothecation or pledge may also exceed aggregate indebtedness for same-day clearinghouse liens.

SEC Rules 8c-1(

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Exemption For Clearinghouse Liens, you might also be interested in:

Series 7 - Exercise

Series 7 - 15.2 Long Positions in Margin Accounts

Series 79 - Earnings Per Share

Series 27 - Release of Disciplinary Complaints and Decisions

Series 24 - Three Years, Six Years, and Lifetime

Series 14 - 1.6. Government-Sponsored Enterprises

Series 6 - 5.1.6. Redemption of Mutual Fund Shares

Series 24 - Common Stock

Series 24 - Final Prospectus

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I passed my 27 and I can't thank you enough for the preparation materials, most importantly the Final Exams. I studied for weeks for this test and buckled down the last two weeks of 6 hour study days. It's a great feeling and I couldn't have done it without you!!!

Amanda Whitney, Great Nation Investment Corporation, Amarillo, TX

Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

Nikita Brown, BMI. Atlanta, GA

My third exam passed with Solomon, first the Series 6 and the Series 63, this time the Series 65 - just passed today! Highly recommend for any exam prep you need! Thank you again guys!

Brad Eiden, Nationwide Advisory, Louisville, KY

When I took my SIE exam, I only spent 30 minutes taking the exam and I passed. It is amazing how Solomon goes into detail regarding information. You guys provide more information than Kaplan's SIE book. Thank you so much for helping me succeed in my endeavors. Onward and upward to the Series 7. I'm choosing Solomon again!

Zach Sloan, Cambridge Investment Research, Fairfield, IA

I have to commend everyone at Solomon Exam Prep in getting me ready for and helping me pass my "Series 65" State Securities Law exam. I did not have a securities background nor did I work in the industry, and at 51 years old it was a challenge for me to go back to hitting the books. In addition to studying for the exam I was running my full time business and working 60+ hours a week. But with their help and support I passed on my first attempt.

Philip Schweik, Global View Capital Advisors, Wausau, WI

Between September 18 and December 3, I took exams for the Series 62, 63, 6 and 24. I studied for everything with Solomon, and passed them all on the first try. Solomon’s interactive/Ask the Professor teaching method was extremely helpful in grasping the necessary concepts. What a relief to be done. Thanks, Karen!

Karen H, Dalkeith Group, High Falls, NY