SIE: Exercise

Taken from our SIE Online Guide

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Exercise

Answer the following questions.

1. Octavia opens a cash account with Jones Brothers Broker-Dealer. Before her first transaction of $5,000 settles, how much must she deposit in her account?
2. Nell opens a margin account with Smith & Smith. Her first transaction involves $10,000 worth of securities. How much money must she put down?
3. Leslie’s margin account decreases in value from $60,000 to $30,000. Accordi

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Series 66 - 9.1.2. Delivery of the Prospectus

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