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    Blowing up a margin account

    Talked to a guy from optionsxpress, and the answer is, yes, they'll put a lien on your other assets.
  2. H

    Blowing up a margin account

    mgmaggie, That's what I'm thinking, but I definitely need to know for sure.
  3. H

    Blowing up a margin account

    You guys might be right, but I've been researching this and am coming up completely empty. I can find no instances of this occurring: http://www.google.com/search?q=%22broker+sues+client%22& http://www.google.com/search?q=%22brokerage sues client%22&...
  4. H

    Blowing up a margin account

    Question about liability and margin. If I have 10k in my account and short 2000 shares at 5 dollars, what happens if, the next day, the stock opens at 20? Obviously, I lose my 10k, but is the broken completely liable for the 30k remainder? Can they sue a customer or respond similarly?
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