Series 7 - General Securities Representative Exam
What is a potential advantage of having a TOD account?
It requires a smaller margin requirement than a Portfolio Margin accountA
It can help avoid having assets in probateB
The intraday margins can decrease below the maintenance marginC
It is a way to write naked calls and puts in an IRA accountD
A TOD - transfer on death account, may help to avoid the probate process for the assets contained in the account