GREY:EORBF - Post by User
Comment by
ElanS2on Feb 25, 2013 11:34pm
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Post# 21041288
RE: RE: RE: RE: RE: About shares being lent for sh
RE: RE: RE: RE: RE: About shares being lent for sh Check this out with your account rep:
from page 11 of your account agreement:
If we permit you to trade securities on margin, you agree to be bound by the following provisions, which apply specifically to each margin account you open with us, and the provisions of the Cash Account Agreement, which is hereby incorporated by reference:
1. Holding and Pledging of Securities: All Collateral for your indebtedness to us will be held by us at a location of our choice. Any securities of yours which we hold at any time when you are indebted to us may, without notice to you, be pledged by us as security for any of our indebtedness for more or less than the amount due by you to us. Any such pledge may be made either separately or together with the other securities we hold. We may lend your securities or any part of them either separately or together with other securities we are holding.