This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The core formula for calculating equity in a long margin account. - How to determine the minimum maintenance equity required by FINRA. - A step-by-step calculation of a maintenance margin call. - What happens during a forced liquidation if a margin call is not met. - A mental shortcut to quickly find the market value that triggers a margin call. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818