SIE practice questionhardAccount Types – Regulation A+
A client invests in unregistered securities through a Regulation A+ offering. Which account type may be used for this?
- ACash or margin account, if suitable✓ Correct answer
- BOnly margin accounts
- COnly trust accounts
- DOnly custodial accounts
Explanation
Why A — Cash or margin account, if suitable
Reg A+ securities may be bought in a cash or margin account, subject to suitability and firm policy. Trust and custodial accounts are not specifically required.
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