Series 7: Margin Accounts

This is a basic lesson on margin accounts from the Solomon Exam Prep Series 7 Video Lecture. You will learn how margin accounts operate, how to calculate gains and losses, minimum maintenance requirements, and excess equity for both long and short margin accounts. The lesson includes several Series 7 exam practice questions related to trading on margin. Margin accounts is one area you need to know to pass the FINRA Series 7 exam. This topic falls within Function 2 of the FINRA Series 7 content outline: “Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives” (11 out of 135 questions on the exam). This Series 7 Video Lecture sample covers these topics: 0:00 What is a Margin Account 1:32 Long Positions in Margin Accounts 4:04 Price Increases and Special Memorandum Accounts 5:19 Price Decreases and Minimum Maintenance Requirements 8:27 Short Positions in Margin Accounts 11:12 Price Declines in a Short Margin Account 12:12 Short Margin Positions and SMA 13:15 Minimum Maintenance Requirements for a Short Margin Account 13:47 Price Increases in a Short Margin Account 16:56 Naked Short Selling 17:49 Day Trading Accounts 19:40 Securities That Can Be Purchased on Margin *Minor Correction to this video* At 12:15, "Equity" at the bottom of the screen should read $10,000 instead of $17,500. The complete 9.8-hour Solomon Series 7 Video Lecture highlights the most important and heavily-tested exam topics. The lectures are taught by Solomon professors and peppered with practice questions to help you apply the concepts you’re learning to real-world situations. Solomon video lectures also come with downloadable PowerPoint slides for easy note-taking and review. Once purchased, the videos are viewable on-demand for a 180-day subscription period. Video Lectures are viewable through the Solomon website and can be accessed via computer, mobile device, and the Solomon Exam Prep app. The Series 7 Video Lecture can be purchased individually or as part of the Series 7 Video Premium Package or Total Package. Explore all Solomon Series 7 study materials on our website here: https://solomonexamprep.com/series7/   Do you have any questions, tips, or ideas about the Series 7 exam or margin accounts? Let us know in the comments section below!    LEARN MORE  Read more securities licensing exam study tips on the Solomon Exam Prep blog: http://solomonexamprep.com/news/        Customer success stories: https://solomonexamprep.com/pages/rev...   ABOUT US  Solomon Exam Prep creates innovative resources for securities exam preparation. Solomon has helped thousands of finance and securities professionals pass their FINRA, NASAA, MSRB and NFA licensing exams including the SIE and the Series 3, 6, 7, 14, 22, 24, 26, 27, 28, 50, 51, 52, 53, 54, 63, 65, 66, 79, 82 and 99.   Learn more about Solomon Exam Prep at https://solomonexamprep.com    FOLLOW US  Subscribe to the Solomon YouTube channel for more videos to help you pass your securities licensing exams:  https://www.youtube.com/c/Solomonexam... Sign up for the Solomon Exam Prep Newsletter: https://tinyurl.com/t7ty5f83   LinkedIn:   / solomon-exam-prep     Facebook:   /      Twitter:   /      Instagram:   /      TikTok:   / solomonexamprep   Copyright © 2018 Solomon Exam Prep. All rights reserved. No copying, reproduction, or distribution without written permission.