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Exam Series-7 All Questions
Exam Series-7 All Questions

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FINRA General Securities Representative Series-7 Question # 51 Topic 6 Discussion

Series-7 Exam Topic 6 Question 51 Discussion:
Question #: 51
Topic #: 6

Bubba has a short margin account with a short market value of $22,000, a credit balance of $42,000, and SMA of $500.

What is the NYSE minimum equity maintenance for this account?


A.

$5,500


B.

$6,000


C.

$6,600


D.

$12,600


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