Series 7 - General Securities Representative Exam

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What happens to cash dividends in a margin account, per Regulation T?

They may only be withdrawn if there is no restriction on the account
A
They must remain in the account
B
They can be withdrawn at any time within the first 30 days of receipt
C
They are required to be removed within 30 days of receipt
D

Explanations

If the cash dividends are not removed within 30 days of receipt, they will reduce the debit balance in the margin account

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