Series 24: Additional SIPC Rules

Taken from our Series 24 Online Guide

Additional SIPC Rules

If a broker-dealer is not covered by SIPC, it must disclose this fact on customers’ trade confirmation statements and tell customers this if asked. Each SIPC member must prominently display an official sign in the window of its main office and any branch offices.

SIPC covers a maximum of $500,000 per “separate customer” at a broker-dealer or clearing firm, including up to $250,000 in cash. Total coverage can be higher for multiple accounts owned by the same person if the accounts are consider

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I took another vendors 24 course but it did not compare to how Solomon Exam Prep for Series 24 prepared me. The material and practice exams, especially the timed exams, were broken up by sections, similar to the FINRA Exam. This really helped in allowing me to understand which section(s) I needed to spend more time on/hit harder. Thank you Solomon!!!

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