You open a margin account with a local broker and purchase shares of stock. The house maintenance margin requirement for your account is set by:
A)your broker.
B)the stock exchange.
C)the SEC.
D)the SIPC.
E)the Federal Reserve.

Question

Quizplus · Accepted Answer

The house maintenance margin requirement for your account is set by the broker you opened the account with. Different brokers may have different margin requirements, so it's important to choose a broker that fits your investing style and risk tolerance.

You Open a Margin Account with a Local Broker and Purchase