CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

The time limit on short sales is ______.

A. 90 days
B. 180 days
C. 365 days
D. There is no time limit.
Correct Answer: D

Short sales need to be closed out by the investor except in specific circumstances when the broker can close out the position. They are not triggered by time limits.

User Contributed Comments 2

User Comment
johntan1979 But there's always a time limit for everything... no one lives forever... except the Highlander :p
leuping Johnny is lengendary
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