SIE practice questionmediumMargin Requirements
A client's margin account falls below the maintenance requirement. What will the broker-dealer require?
- AA withdrawal of cash
- BA deposit of additional funds or securities✓ Correct answer
- CImmediate liquidation of all positions
- DAccount closure
Explanation
Why B — A deposit of additional funds or securities
A maintenance call requires the client to deposit funds or securities. Immediate liquidation or closure is not automatic, and withdrawals are not permitted under a call.
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