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NEW QUESTION: 1
When a client has purchased securities on margin, the broker-dealer
A. may use any securities that the client purchased on margin as collateral for a loan from a bank upon receiving a written agreement signed by the client.
B. may require that the client leave all his securities, even those not purchased on margin, in street name.
C. Both B and C are correct statements.
D. must keep the securities that the client paid cash for separate from the securities that the client purchased on margin.
Answer: C
Explanation:
Explanation/Reference:
Explanation: A broker-dealer is required to keep any securities a client paid cash for separate from the securities that the client purchased on margin, and upon receiving a written agreement signed by the client-a hypothecation agreement-may use those securities that were purchased on margin as collateral for a loan from a bank. The broker-dealer may not require that a client leave securities purchased through cash transactions in street name.
NEW QUESTION: 2
Drag and drop the feature descriptions from the left onto the correct UCS Fabric Interconnect modes on the right.
Answer:
Explanation:
NEW QUESTION: 3
For which of the following reasons is the infrastructure as code technique used?
A. To improve the ability to migrate applications to different cloud providers to avoid vendor lock-in.
B. To specify the hardware configuration and system installation procedures in machine-readable formats.
C. To capture the system configurations to track changes and remediate configuration drift.
D. To assign server administration responsibilities to software developers for application deployments.
Answer: B
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