exam questions

Exam CRCM All Questions

View all questions & answers for the CRCM exam

Exam CRCM topic 1 question 49 discussion

Actual exam question from ABA's CRCM
Question #: 49
Topic #: 1
[All CRCM Questions]

Margin stock includes:

  • A. Equity securities registered or having delisted trading privileges on a national securities exchange:
  • B. Over-the-counter (OTC) securities that do not qualify for trading in the National Market System
  • C. Warrants or rights to subscribe to or purchase a common stock
  • D. Securities issued by an investment company registered under the Investment Company Act, except for: A company licensed under the Small Business Investment Company Act A company that has at least 95 percent of its assets continuously invested in exempted securities; or A company that issues face-amount certificates; or A company that is considered a money market fund under the SEC Rules
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Cam22
4 months ago
Selected Answer: D
D. Securities issued by an investment company registered under the Investment Company Act, except for: A company licensed under the Small Business Investment Company Act A company that has at least 95 percent of its assets continuously invested in exempted securities; A company that issues face-amount certificates; or A company that is considered a money market fund under the SEC Rules This option accurately describes the types of securities that are considered margin stock, with specific exceptions for certain types of investment companies registered under the Investment Company Act. These exceptions help clarify the scope of what constitutes margin stock in the context of Regulation U and related financial regulations.
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago