Challenge Your Exam Readiness With Our Free Series 27 License Practice Questions

Question # 20

Which of the following is an example of a matched book transaction used by broker-dealers for funding?

Options:

A.

Purchasing securities on margin for retail clients

B.

Simultaneously borrowing and lending securities in the repo market

C.

Establishing a customer reserve bank account under Rule 15c3-3

D.

Filing FOCUS Reports with FINRA

Viewing question 20 out of 68 questions
Industry research shows that students who utilize Series 27 License practice tests are significantly more likely to pass exam.


Our free Series 27 License practice questions act as a diagnostic tool to give you a clear snapshot of your Series 27 License readiness. Discover which topics are your strengths and, more importantly, which critical topics require your immediate attention.

Go to Series 27 License Exam Main Page

Series 27 License Overview

Name Series 27 License
Code Series 27 License
Vendor Finance, Insurance and Real Est
Certification Financial Industry Regulatory Authority (FINRA)

Series 27 License Questions