Post by
thenewsnake on Sep 23, 2020 4:24pm
REIT margin requirements are 50% right now (from 30% precovd
You think the SEC commission will make it 75% or 100%. That could be scary
Comment by
thenewsnake on Sep 23, 2020 4:30pm
Not for questrade, they sent me a list of "reduced margin' securities which had many reits in it in April
Comment by
CANCDN on Sep 23, 2020 4:34pm
Yeah, that reduced margin means you only need 30% lol
Comment by
thenewsnake on Sep 23, 2020 5:11pm
This was the note: "According to the latest IIROC quarterly update, one or more of your positions no longer qualifies for the reduced 30% margin rate. As of June 18, it will increase to 50%.