Series 27: Insufficient Margin For Pattern Day Traders

Taken from our Series 27 Online Guide

Insufficient Margin for Pattern Day Traders

Recall that the special maintenance margin requirement is 25% for most equity securities. Some equity securities (such as penny stocks, new IPOs, and over-the-counter securities) are not margin eligible and demand 100% of their value in the day trading account.

When the equity in a customer’s account is not sufficient to meet the firm’s day trading req

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Insufficient Margin For Pattern Day Traders, you might also be interested in:

Series 65 - Trade Settlement

Series 65 - Debt to Equity

Series 24 - SEC Display and Disclosure Rules

Series 26 - Chapter Three: General Supervision and Public Communications

Series 79 - Contents of Prospectus Used After Nine Months (Rule 427)

Series 50 - Prepaid Tuition Plans

Series 24 - 2.5.3.6. Release of Disciplinary Complaints and Decisions

Series 7 - Exercise

SIE - 6.1.7. Delivery of a Prospectus

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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

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

The (SIE) exam was tough, but I was well prepared after studying with the Solomon Exam Prep guides. Having a set study schedule made this much easier to follow along. I'll definitely be using Solomon for my Series 6 and 63 exams!

Matthew Bird, Lincoln Investment. Liverpool, NY.

I passed my Series 99 exam in a very short period of time and this wouldn’t be possible without the incredible material from Solomon Exam Prep. The preparation material is very comprehensive and always updated with recent changes in FINRA rules/industry practice. I scored 92%!!

Venu Rathi, The Carlyle Group, New York, NY

The Solomon Exam Prep materials for the Series 82 were great. I felt very well prepared for the exam. I only studied for one full week (probably about 40 hours) and completed the exam in 30 minutes and passed! Thrilled with the results.

Jessica Kates, Carnegie Growth Partners LLC. Philadelphia, PA

I just passed the Series 66 exam and found that the Solomon Exam Prep materials are the way to go when preparing for this exam. The advice given from the get-go is spot on; if you think you can cram for this course, forget it. Use the materials as advised and you'll do well. The format of the practice exams closely simulate the way the questions are presented on the test itself. I had 2 prep materials, Solomon's and another and I honestly believe Solomon's was the one that helped the most.

Julio Revuelta, Wealth Management Firm, Miami, FL