Series 28: Exemptions

Taken from our Series 28 Online Guide

Exemptions

Broker-dealers whose business activities are limited with respect to handling their customers’ funds and securities are exempt from the financial restrictions of the customer protection rule.

The following are exempt:

• Introducing brokers that promptly transmit all funds and securities to their clearing broker on a fully disclosed basis.
• Broker-dealers whose only transactions involve registered investment companies or interests in an insurance company’s separate account.

+ Read More

More Series 28 Info

What are people saying?

Create an Account

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

SIE - 2.11.4. STRIPS (Separate Trading of Registered Interest and Principal of Securities)

Series 65 - 2.3.3.1 Value at Issuance

Series 79 - Step Four: Calculating Present Value and Determining DCF Valuation

Series 54 - 2.2.2.9. Inadvertent Advice

Series 82 - 2.1.3. Changes in Account Name or Designation

Series 24 - Quotation Rules for Both OTCBB and Pink Sheets

Series 26 - General vs. Separate Accounts

Series 50 - Pricing Consultant

Series 63 - Investment Adviser Representative – Definition

Series 53 - Legibility Requirements

Series 50 - Sources of Public Information

Series 14 - 6.1.2. Types of Issuer

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 wanted to let you know I passed my Series 28 today!! Thanks for great prep materials. I have been working really long hours at my job and it was a challenge finding the time to study. The video lectures proved to be a big help. I’m glad that exam is over!!!

Nikita Brown, BMI. Atlanta, GA

I took this Series 28 today and passed on my first try! I think the practice exams helped a ton, though in general, I would say the actual test seemed (at least to me), more difficult than the practice exams. Either way, couldn't have done it without the Solomon Exam Prep.

Gayle Espinosa. Los Angeles, CA

Used a different exam prep for my first 2 tries and failed miserably. Picked up the Solomon Series 6 full study package and passed my third attempt. The audio book and video lectures really made the difference. Thank you!

Rachel R, Ritter Insurance Agency, Huntington Beach, CA

What a relief. I didn't get a chance to study that much, but your online sample questions were spot on and the reason why I passed [the Series 79].

Andrew Y., Pacific Palisades, CA

I studied for both the SIE and the Series 99 with Solomon. Both texts more than prepared me for the exam. The practice questions in particular were extremely helpful and were even a bit more challenging than the actual exams. After reading and annotating both textbooks twice and taking each quiz multiple times to the point that I received high scores on each, I was confident taking the exam. Although there were a few questions here and there on the exams that seemed to be outside the scope of the material and had some differently worded questions, the quiz questions were quite in line with the actual exam. I passed both exams my first try. I highly recommend Solomon study material.

Eric Cunningham PNC Pittsburgh, PA