Multiple Choice
Which of the following is true of asset management accounts?
A) Limited free checking of available balance
B) Sweeping of excess balances into money market deposit account (MMMF)
C) Fixed annual fees and account charges on deposit account
D) Borrowing and investing facility unavailable to accountholders
E) Deposits are protected by the Securities Investor Protection Corporation (SIPC)
Correct Answer:
Verified
Correct Answer:
Verified
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