Question # 40

Which bank account must be established under Rule 15c3-3 for safeguarding customer funds?

Options:

A.

FDIC-insured proprietary account

B.

Reserve Bank Account for the Exclusive Benefit of Customers

C.

Sweep Account linked to money market funds

D.

Segregated Margin Account

Viewing question 40 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.