Series 7 - General Securities Representative Exam
Training Mode
If at any time during a single trading session, the S&P 500 Index is down 20% of the closing price for the previous day, which of the following occurs?
Trading is halted on all US stock exchanges for the remainder of the trading day
A
Trading is halted on all US stock exchanges for 15 minutes
B
Trading is halted on all US stock exchanges for 60 minutes
C
Trading is halted on all US stock exchanges for 30 minutes and then resumes with another 5% downside limit before the next halt
D