What is the Limit Up - Limit Down Rule?
Lean what you need to know about the Limit up - Limit down Rule to pass your FINRA exam.
Series 66 Question of the Week
The broker call loan rate is:
A. The rate that member banks charge each other for overnight loans
B. The rate that banks charge their most credit worthy corporate customers on loans
Series 24 Question of the Week
A firm wishing to quote an issue in the OTCBB may piggyback another dealer’s continuous quote in the pink sheets if:
I. The security has a bid price of at least $5
II. The issuer is not in bankruptcy
Series 65 Question of the Week
A client has received inside information from a friend about a new technology stock in the market. The client has instructed his broker to enter an order to sell 1000 shares of the stock shortly after he purchased the shares, and he is realizing a material gain of $10,000. What would be the outcome of trading on inside information if the client is convicted of the action?
Series 7 Question of the Week
All of the following pay dividends except:
A. Common stock.
B. Preferred stock.