Match each settlement, trade confirmation, or corporate action concept on the left with its corresponding FINRA/SEC rule or market adjustment on the right.
- Regular-Way Equity Trade SettlementRequires completion of transaction payment and security delivery one business day after trade date (T+1).
- Agency Trade Confirmation DisclosureRequires explicit disclosure of the commission charged to the customer on the transaction statement.
- Principal Trade Confirmation DisclosureRequires explicit disclosure of the markup or markdown added to or subtracted from the trade price.
- Reverse Stock Split ExecutionDecreases the investor's total share count while increasing the market price per share proportionally.
Cevap
Regular-Way Equity Trade Settlement pairs with T+1 settlement rule; Agency Trade Confirmation Disclosure pairs with commission disclosure; Principal Trade Confirmation Disclosure pairs with markup or markdown disclosure; Reverse Stock Split Execution pairs with decreasing total share count while increasing per-share market price.
Each trading concept correctly aligns with its standard regulatory definition or corporate action outcome: Regular-way equity settlement requires T+1 settlement; agency transactions require disclosing commissions on confirmations; principal transactions require disclosing markups or markdowns; and reverse stock splits reduce total share quantity while raising per-share price proportionally.
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Anahtar Kavram
Regular-way settlement timelines, capacity confirmation disclosures, and corporate action position adjustments
Tahmini Süre:1m 30s