SIE - Securities Industry Essentials Exam
Your client has a margin account. She just purchased $10,000 of common stock. What is the minimum amount of cash that must she deposit?
Under Reg T, firms can lend a customer up to 50% of the total purchase price of a margin security for new, or initial, purchases.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625