SIE practice questionmediumMargin Requirements - Maintenance
A margin account falls below the maintenance margin requirement. What action must the customer take?
- AConvert the account to cash only
- BDeposit additional funds or securities✓ Correct answer
- CFile a complaint with FINRA
- DSubmit a new margin agreement
Explanation
Why B — Deposit additional funds or securities
Customers must restore equity to minimum maintenance by depositing funds/securities. Conversion, complaints, or new agreements are not required steps.
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