A hypothecation agreement refers to
A) an agreement wherein a client gives his broker-dealer discretion to purchase securities that the broker-dealer deems appropriate in whatever quantity the broker-dealer feels appropriate and at a time and price the broker-dealer believes is a good deal.
B) an agreement that a client must sign prior to executing any short sales with the broker-dealer.
C) an agreement signed by a client who is executing a margin transaction that allows the broker to hold the margined securities in street name as collateral for the loan.
D) a document signed by a client indicating that he or she understands that some of the charts and examples presented in a broker-dealer's advertising literature are based on hypothetical trades.
Correct Answer:
Verified
Q174: Which of the following is not a
Q175: According to the NASAA Model Rules, a
Q176: Which of the following does not describe
Q177: Broker-dealer Small & Associates has received a
Q178: When a client has purchased securities on
Q180: Which of the following documents must a
Q181: Which of the following are accurate statements
Q182: Which of the following scenarios does not
Q183: Under the NASAA Model Rules, which of
Q184: A client calls CanDo Broker-Dealers with a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents