Series 14: 4.1.7. Alternative Net Capital Requirement

Taken from our Series 14 Online Guide

4.1.7. Alternative Net Capital Requirement

Firms may choose an alternative method to calculate their minimum net capital requirements from the net capital and aggregate indebtedness requirements described earlier. If a firm chooses this alternative route, it must keep a minimum amount of net capital of the greater of $250,000 or 2% of its customer-related receivables, such as debit balances on custo

+ Read More

More Series 14 Info

What are people saying?

Create an Account

Since you're reading about Series 14: 4.1.7. Alternative Net Capital Requirement, you might also be interested in:

Series 6 - 2.1.1.2. Regulation Best Interest

Series 24 - 3.1.3. “Know Your Customer” Rule

Series 63 - 2.3.1.1. Agents Representing Broker-Dealers

Series 6 - 3.3.2. Roth IRAs

Series 24 - 2.3.2.1. Cash Compensation

Series 66 - 2.2.2. Liquidation

Series 79 - 11.2.3.3. Tax-Free Reorganizations

Series 66 - 2.4.14.2. Refunding of Bonds

Series 3 - 7.3.7. Prohibited Activities

Series 79 - Denial, Suspension, or Revocation of Registration

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would like to say a big thank you to Solomon for helping me pass my Series 14 exam. I took this exam the first time and missed passing by few marks. I was really sad and discouraged so reached out to Jeremy Solomon and he really took the time to talk to me and provide his guidance and advice. He also provided me with additional resources immediately to help with my second attempt. I recently passed this exam. Their study material is easy to understand and the Online Exam Simulator also has a lot of questions chapter-wise which were very helpful. Their customer service has been amazing and very responsive. Thank you Solomon. I will definitely recommend Solomon for anyone planning to take this exam.

Rachna Shah, CBRE. Beverly Hills, CA

I used Solomon for the Series 52 after failing twice with Kaplan and STC. Solomon was immensely more helpful, simpler to understand, and more accurate than both companies combined. The practice questions were very similar to the ones I saw on the exam and the Ask the Professor feature was quick and helpful. I will be using Solomon for the Series 7 in a few months, and I recommend everyone who need to take a FINRA exam to use Solomon before anything else.

Christopher P, Academy Securities. New York, NY.

For the Series 6 exam, I used the Solomon 4-week study schedule. I really didn't do anything special, I just stuck to the study schedule each day. I used the app on my phone quite a bit for convenience.

The Solomon Live Class was timed perfectly one week prior to my exam, so it turned out to be somewhat of a review session, which is what I had hoped it would be. The concepts covered in the Live Class were helpful because McCallister broke them down into plain English and real-world examples.

The one place I varied from the study schedule was in the number of times I took the Exam Simulator. I took the Exam Simulator Practice Test 36 times and monitored my Pass Probability. Once I had my Pass Probability at 90%, I felt I was ready.

Arthur Priddy, Farmers Insurance. Jackson, Tennessee

I had previously used a competitors material while preparing for the Series 52 exam. Using that material I failed the exam twice and both times I felt unprepared even after studying a ton. I switched to Solomon after reading reviews that seemed to be similar to my scenario. I finally passed!! Solomon's material did a great job of simplifying really complex material. The practice exams were very similar to the real exam. While taking the exam for the third time after studying with Solomon I felt confident the entire exam because I knew the information and had seen questions formatted similar while taking practice exams. Thanks Solomon!!!

Sara Brady McGinn FIRM: Raymond James Memphis, TN

Solomon is the BEST!!! Passed the Series 7 on the first try. The lessons are videos and lessons are good. The practice exams are EXCELLENT. Focus on options and muni's. Load up on practice exams and you will be fine. Thank you Solomon!!!

Brandon Collins, Benchmark. Memphis, TN

Thanks to Solomon I was able to pass the SIE, Series 7, and Series 63, great study material if you put the hours in!

Xavier Mata, Cabrera Capital Markets. Chicago, IL