SIE Exam Question 311: Answer and Explanation

Question: 311

A customer requests in writing that his account statements be held by the firm while he spends the winter in Florida. In response to the customer's request, the firm is permitted to honor the request

• A. for a maximum of three months.
• B. for the time period specified by the customer.
• C. for a maximum of two months.
• D. for a maximum of one month.

Correct Answer: A

Explanation:

A - A firm may hold customer mail upon written request. Mail can be held for up to three months.