Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

If a customer has an account at a broker dealer with $500,000 in securities, and the broker-dealer goes bankrupt, the customer will receive

$250,000 in securities

A

$500,000 in securities

B

$250,000 in cash

C

$375,000 total - 250K in cash and 125K in securities

D