Series-7 Exam Dumps | With the Regulation T requirement at 50%, a firm wishes to impose house rules that require a minimum

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Question 221/390

With the Regulation T requirement at 50%, a firm wishes to impose house rules that require a minimum equity of 40%.
Which of the following is true?

A. this cannot be implemented because the level is below Reg T

B. this cannot be implemented since maintenance requirements are only 25% of equity for long positions

C. this is permissible

D. this action must be approved by the FRB and FINRA

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