SIE Exam Practice Question 986
Question: 986
Which of the following refers to the cash held in an investor's margin account at a broker-dealer that can be withdrawn at any time? It may include interest, dividends, and coupon payments.
Correct Answer: B
Explanation:
The free credit balance refers to the cash held in an investor's margin account at a broker-dealer that can be withdrawn at any time. It may include interest, dividends, and coupon payments.
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