A margin account with a brokerage firm allows the broker to buy and sell securities at will.

Name: A margin account with a brokerage firm allows the broker to buy and sell securities at will.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

A margin account allows an investor to borrow money from the brokerage firm to purchase securities, but it does not grant the broker authority to buy and sell securities at will without the investor's consent.

A Margin Account with a Brokerage Firm Allows the Broker