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Finra Exam Series-7 Topic 6 Question 88 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 88
Topic #: 6
[All Series-7 Questions]

Which of the following is an acceptable deposit to answer an NYSE maintenance call?

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Suggested Answer: D

a fundamental analyst. These analysts are guided by computations about a company's performance using data in annual reports.


Contribute your Thoughts:

Adolph
2 months ago
If I had a nickel for every time the NYSE came knocking for a maintenance call, I'd have enough to buy my own seat on the exchange. Gotta love those financial regulations!
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Jessenia
13 days ago
C) US treasury notes
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Wilbert
17 days ago
B) SMA
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Aleta
29 days ago
A) US savings bond
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Rory
2 months ago
Savings bonds? Really? I haven't seen those things since my grandpa gave me one for my 10th birthday. Might as well use some loose change to cover the call, am I right?
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Brittni
2 months ago
Hold up, are we sure SMA is an acceptable deposit? I thought that was more of a brokerage account thing. Better double-check that one before selecting D.
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Hildred
6 days ago
Okay, let's make sure before we choose D as the answer.
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Wilbert
23 days ago
I'm pretty sure it counts, but let's double-check just to be safe.
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Latricia
24 days ago
Really? I always thought it was just for brokerage accounts.
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Dierdre
1 months ago
I think SMA is actually an acceptable deposit for an NYSE maintenance call.
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Levi
1 months ago
Yeah, I double-checked. SMA is definitely an acceptable deposit option.
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Jarvis
1 months ago
I think SMA is actually an acceptable deposit for an NYSE maintenance call.
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Lasandra
2 months ago
Hmm, I'm leaning towards C. Treasury notes are the most reliable and government-backed option, so that seems like the safest bet to satisfy the exchange's requirements.
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Margarita
2 months ago
I'm pretty sure the answer is D. All of the above seem like acceptable deposits for an NYSE maintenance call. As long as it's a secure and recognized financial instrument, the exchange should accept it.
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Keena
2 months ago
I'm not sure, but I think D) all of the above could also be correct because US savings bond and US treasury notes are also acceptable deposits.
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Gennie
2 months ago
I agree with Merissa, SMA is an acceptable deposit for an NYSE maintenance call.
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Merissa
3 months ago
I think the answer is B) SMA.
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