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A customer buys stock in an existing margin account, and fails to meet the Regulation T call within the specified maximum 4 business day limit
A customer buys stock in an existing margin account, and fails to meet the Regulation T call within the specified maximum business day limit The action that may be taken is: A the brokerdealer can request an extension for payment from the FRB B the brokerdealer can sell securities from the account in an amount to satisfy the call C the customer can sell "short against the box" enough securities held in the account to meet the Regulation T call D the entire account must be liquidated
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