OTCPK:PDPYF - Post by User
Post by
dalerules88on Jan 12, 2018 12:45am
72 Views
Post# 27339530
segregated securities
segregated securities segregation
The safekeeping of a
customer's securities in a
separate location when the securities have been paid for in
full.Segregated securities may not be
commingled with the securities of
the broker-dealer and they may not be
used by
the broker-dealer to
collateralize loans. See also Rule 15c3-3.
that last bit about collateralized loans probably means they can't use your shares as security against the short, so that makes them basically unavailable to borrow, at least that's how I understand the rule, but please, somebody confirm, if you have the wherewithal, thanks