J jackpearson Sep 26, 2011 #11 Quote from jeb9999: As of June 30, 2011 Penson had $8.5 billion in customer cash and had $3.0 billion of it out in margin loans. More... What if the margin loans were to go bad? Is the SIPC still liable to pay every customer if the firm went under?
Quote from jeb9999: As of June 30, 2011 Penson had $8.5 billion in customer cash and had $3.0 billion of it out in margin loans. More... What if the margin loans were to go bad? Is the SIPC still liable to pay every customer if the firm went under?
