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NEW QUESTION: 1
When a client has purchased securities on margin, the broker-dealer
A. must keep the securities that the client paid cash for separate from the securities that the client purchased on margin.
B. 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.
C. Both B and C are correct statements.
D. may require that the client leave all his securities, even those not purchased on margin, in street name.
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 specify the hardware configuration and system installation procedures in machine-readable formats.
B. To improve the ability to migrate applications to different cloud providers to avoid vendor lock-in.
C. To assign server administration responsibilities to software developers for application deployments.
D. To capture the system configurations to track changes and remediate configuration drift.
Answer: A
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