SAC General Business Evaluation case studies
SAC General Business Evaluation · Put your knowledge to work in context.
The SAC General Business Evaluation is a knowledge assessment used in the securities industry to test whether a candidate understands the core business of a brokerage or securities firm, not just a single product line. It suits candidates moving into generalist compliance, operations, client-facing support, or supervisory roles where they must reason across markets, products, accounts, and conduct rules at once. The SAC General Business Evaluation case studies are 5 cases and about 3,927 words.
1The Joint Account With Strings Attached
Ji-woo Park, 78, has held an individual taxable account at your branch for 19 years, now worth about 1.4 million, with 62% of it unrealized gain in three dividend stocks. Her file contains two notes from last year describing short-term memory lapses, and her daughter Hyun holds a durable power of attorney and has signed off on the last two wire requests.
777 words, about 4 min2Four Deposits, One Invoice, Forty Minutes
Ahn, 34, a salaried employee who declared 62,000 of annual income at onboarding, has held a brokerage account for 11 months with average monthly deposits of about 2,000. Over six weeks she makes four cash deposits at three different branches: 9,300; 9,700; 9,400; and 8,900.
775 words, about 4 min3The Block That Filled Better Than Expected
On Monday your institutional desk receives a single order to buy 400,000 shares of Hanil Chemical for one client, to be worked during the day, with discretion over price and venue. At 10:12 the trader enters a market order and it fills in three prints: 150,000 at 28.40, 150,000 at 28.55, and 100,000 at 28.70, an average of 28.52.
807 words, about 4 min4The Covered Call That Was Not Covered
Cho, 71, is retired and drawing 3,000 a month from a 600,000 portfolio of dividend stocks. Her options approval level permits covered calls only, and she has used them twice.
796 words, about 4 min5The Rollover That Would Have Cost Her Twice
Eun-ji, 58, retired from her employer in March and holds a 401(k) of 480,000. Of that, 120,000 is employer stock with a cost basis of 30,000, and she has 30,000 of after-tax contributions in the plan.
772 words, about 4 min