SEC margin rules

DtSec · Apr 10, 2001

What happened to the new SEC margin rules?

When are they going to enforce 25k minimum for margin accounts?

IB help just told me "we don't know when or if it is going to be enforced"

zboy2854A · Apr 10, 2001

If memory serves, the rule will be going into effect sometime around October.

elie · Apr 10, 2001

hi

take a look at the link:
http://www.nasdr.com/pdf-text/0126ntm.txt

eli

Commisso · Apr 10, 2001

In the last thread that was posted about the new margin rules, somebody stated that the margins for accounts over 25,000 would be extended to 4-1 can anybody confirm this....

zboy2854A · Apr 10, 2001

Commisso,

That is correct. According to the new stated rule, those categorized as daytraders with more than $25K will now be allowed 4 to 1 margin.

Commisso · Apr 11, 2001

Thanx, Zboy

thats excellent, the more leverage the better I suppose

PEACE Commisso

SEC margin rules

DtSec

zboy2854A

elie

Commisso

Guest

zboy2854A

Commisso

Guest