ANDREW, FINRA SIE 2024 PERSONAL STUDY SET Study guides, Class notes & Summaries

ANDREW, FINRA SIE EXAM 2024 - PERSONAL STUDY SET An investor owns 100 shares of XYZ common stock at the current market price of $50 per share. If XYZ conducts a 1-for-2 reverse stock split, the investor's post-split stock position will be: - Answer- 50 shares at $100 per share Under Federal Reserve Regulation T, a 90-day restriction is imposed when a customer opens and closes which of the following positions? - Answer- The same stock in a cash account without paying for the stock ...