How Many Calendar Days? (Small Manual) Flashcards
1
Q
The maximum length of time a customer may place options trades before a signed option agreement is required?
A
Fifteen calendar days
2
Q
The minimum time period between the filing date and the effective date of a security registration (cooling-off period)?
A
Twenty calendar days
3
Q
The IRS time period restriction on purchases to avoid wash sale designation (thirty days before or thirty days after)?
A
Thirty calendar days
4
Q
The maximum period of time permitted to roll over qualified money from one qualified retirement plan to another?
A
Sixty calendar days
5
Q
The maximum length of time for a letter of intent to be backdated?
Cash account frozen for nonpayment.
A
Ninety calendar days
