Series 28: Established Firms

Taken from our Series 28 Online Guide

Established Firms

Established firms (over 1 year old) can carry aggregate indebtedness up to 15 times the amount of their net capital (1,500%). That is, if a firm’s net capital is $1,000,000, it may carry no more than $15,000,000 in aggregate indebtedness.

Example: XYZ Brokerage Services is a carrying broker that has c

Since you're reading about Series 28: Established Firms, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 28
Please Enable Javascript
to view this content!