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SEC requires broker-dealers to advise customers regarding their free credit balance at least:

A) Monthly
B) Quarterly
C) Annually
D) Biannually

User Nobel
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Final answer:

According to the SEC, broker-dealers are required to advise customers regarding their free credit balance at least quarterly.

Step-by-step explanation:

According to the SEC (Securities and Exchange Commission), broker-dealers are required to advise customers regarding their free credit balance at least quarterly. This means that customers should receive information about their free credit balance every three months. This requirement ensures transparency and helps customers stay informed about their account balances.

User Stomcavage
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