SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 63

Question: 63

What is the minimum frequency for customer account statements named in FINRA 2231?

Correct Answer: C

Explanation:

C: Choice C is correct because the rule provides guidance to provide investments in the account, trades since last report, and any liquid funds on hand. Choices A, B, and D do not represent the correct frequency for statements.

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