Series 57 Practice Test 14

10 free Series 57 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

Series 57 Practice Test 14Tutor mode

Question 1 of 10

Maintaining Books and Records, Trade Reporting and Clearance and Settlement

An issuer declares a 3-for-2 stock split (a 50% stock distribution) with a record date of Tuesday, December 1, 2026 and a payable date of Friday, December 11, 2026. What is the ex-date?