SIE Exam Question 364: Answer and Explanation

Question: 364

A customer must sign and return the options account agreement

• A. at or prior to placing the initial trade in the account.
• B. at or prior to the approval of the account.
• C. within 15 calendar days of account approval.
• D. within 15 calendar days of placing the initial trade.

Correct Answer: C

Explanation:

C - The options account agreement must be signed and returned within 15 days of account approval.