ICMA Exam SOFQ Topic 5 Question 6 Discussion

Actual exam question for ICMA's Securities Operations Foundation Qualification (SOFQ) exam

Question #: 6
Topic #: 5

Where Firm A has borrowed a fixed cash amount on a secured basis from Firm B, an increase in the collateral value means that:

AFirm A has exposure and must return some collateral to Firm B

BFirm B has exposure and must request additional collateral from Firm A

CFirm B has exposure and must request the return of collateral from Firm A

DFirm A has exposure and must request the return of some collateral from Firm B

Show Suggested Answer

Suggested Answer: D

by Ronny at May 27, 2022, 03:02 AM

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