SIE practice questionhardMargin Accounts - Maintenance Requirement
According to FINRA rules, what is the minimum maintenance margin requirement for an equity margin account?
- A25% of the current market value✓ Correct answer
- B50% of the current market value
- C10% of the current market value
- D100% of the current market value
Explanation
Why A — 25% of the current market value
FINRA sets a minimum equity margin maintenance of 25%. Initial margin is 50% (Reg T), but maintenance is lower. 10% and 100% are incorrect.
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