[SIE] 49, Margin Accounts - Maintenance and Calls
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The core formula for calculating equity in a long margin account. - How to determine the minimum maintenance equity required by FINRA. - A step-by-step calculation of a maintenance margin call. - What happens during a forced liquidation if a margin call is not met. - A…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.