Accounts & CustomersCâu 61 / 125
FINRA's minimum maintenance margin requirement for a long stock position is:
a.50% of the current market value
b.10% of the current market value
c.25% of the current market value
d.5% of the current market value
Giải thích
FINRA rules require that equity in a long margin account be maintained at no less than 25% of the current market value of the securities. If the account's equity falls below this maintenance level, the firm issues a maintenance (house or FINRA) margin call for additional funds.
Luyện miễn phí toàn bộ 125 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- To exercise discretion in a customer's account, a registered representative must first obtain:
- Under Regulation T, the initial margin requirement for a purchase of marginable common stock is currently:
- A customer buys $20,000 of marginable stock in a margin account. Under Regulation T at 50%, how much must the customer deposit?
- A customer holds long stock with a current market value of $40,000 and a debit balance of $32,000. Using the 25% maintenance requirement, what is the status of the account?
- In a short margin account, the customer profits when:
- A traditional Individual Retirement Account (IRA) offers which primary tax feature?
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