Sample Questions: 4

Question 1 of 10

The minimum net equity in a customer account required to sell naked options:

  • I can be set by the member firm at a higher level than SRO minimum requirements
  • II cannot be set by the member firm at a higher level than SRO minimum requirements
  • III can be set at a dollar amount determined by the trading activity in the account
  • IV cannot be set at a dollar amount determined by the trading activity in the account