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Financial Career | more career articles |
A Look At Entry-Level Careers In Finance
Those entering the workforce armed with a degree in finance face a tough choice. Do they head to Wall Street and the lucrative, although risky, world of high finance? Or, do they head away from the path of the investment banker and develop the tools to become a future giant of corporate finance? Of course, there are even more choices than that. Here we take a look at the options available to those entering the workforce, and provide some tips on how to find the right career. |
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Frequently Asked Questions |
What is the "random walk theory" and what does it mean for investors? |
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FINRA Update | more updates |
Treatment of Non-Margin Eligible Equity Securities
Initial margin requirement for an equity security is 50 percent of the current market value, provided the security meets the definition of a margin equity security. Even if it doesn't meet this definition it can still be used, but the maintenance margin is 100 percent. Effective Date: July 1, 2011 FINRA imposes a daily maintenance margin requirement which is generally 25 percent of the current market value... View Full Notice PDF 98 KB » |
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Exam Question |
Q: A customer has the following in his long margin account. Market value: $18,000, debit balance: $10,000 and SMA: $2,000. How much of the SMA may be used to purchase additional securities?
A. None
B. $1,000
C. $1,500
D. $2,000
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