SIE practice questionmediumMargin Requirements - Maintenance
If the equity in a margin account falls below the maintenance requirement, what will the broker-dealer issue?
- AA prospectus
- BA margin call✓ Correct answer
- CA stop order
- DA confirmation statement
Explanation
Why B — A margin call
A margin call requires the client to deposit more funds. Prospectus and confirmations are for new purchases/sales; stop orders are not related.
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