Finra Exam Series-7 Topic 6 Question 50 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 50
Topic #: 6

Hypothecation usually refers to which of the following?

Aforecasting the market based upon past performance

Bpledging securities as collateral

Cdetermining a reasonable offering price for a new issue

Dnone of the above

Show Suggested Answer

Suggested Answer: B

pledging securities as collateral. To hypothecate securities is to pledge them.

by Stephaine at May 06, 2022, 08:46 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!