SIE Exam Question 244: Answer and Explanation

Question: 244

Certain securities are marginable under Regulation T of the Securities & Exchange Act of 1934 except:

• A. NASDAQ stocks
• B. listed stocks
• C. options
• D. all of the above are marginal under Reg. T

Correct Answer: C

Explanation:

C: Regulation T does not permit margin under normal circumstances on Option contracts.