Series 24: Passive Beneficial Ownership: Schedule 13G

Taken from our Series 24 Online Guide

Passive Beneficial Ownership: Schedule 13G

Institutional investors that acquire beneficial ownership of more than 5% of a voting class of an issuer’s securities may use the less demanding Schedule 13G to report their acquisition if they meet the following conditions:

• The purchase was made in the normal course of business.
• The purchaser does not intend to change control of the issuer’s business.

Other than a statement of passive inte

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I would just like to say that Solomon’s customer service was excellent. The material was clear and easy to understand and I feel that it prepared me extremely well for my exam. I found the study outline to be the most helpful in keeping me on track. I would definitely refer the material to anyone taking the Series 24. Thank you to the Solomon team for helping me pass my 24!

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