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Exam Series 7 All Questions

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Exam Series 7 topic 1 question 207 discussion

Actual exam question from FINRA's Series 7
Question #: 207
Topic #: 1
[All Series 7 Questions]

Bubba has several accounts at a brokerage firm. Which of the following is not covered by SIPC?

  • A. individual account in Bubba’s name only
  • B. commodities account in Bubba’s name only
  • C. joint account of Bubba and his wife
  • D. joint account of Bubba and his son, Bubba, Jr.
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Suggested Answer: B 🗳️
commodities account in Bubbas name only. SIPC does not cover commodities accounts.
by lolojepu at April 6, 2025, 2:09 a.m.

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