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Which of the following responses best describes a short sale?

Which of the following responses best describes a short sale?

A.

A sale of securities that results in a loss

B.

A sale of securities that the investor does not own

C.

A sale of securities that results in an unsecured debit balance in the investor's account

D.

A sale of securities that the investor had purchased in his cash account but had not yet paid for

FINRA SIE Summary

  • Vendor: FINRA
  • Product: SIE
  • Update on: Jul 22, 2025
  • Questions: 164
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