SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CSFB Direct(DIR)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mohan Marette who wrote ()8/10/1999 2:43:00 AM
From: VincentTH  Read Replies (2) of 406
 
Does anyone know for sure that Mutual Funds are marginable at DLJ direct? I am considering transfering my mutual funds there without causing a taxable events. I received conflicting infos though:

The Select Client features list having Mutual Funds marginable as one of the features of Select Client Privileges, whereas a customer representative assures me that my funds are marginable upon receipt at DLJ, provided of course, that I hold the funds for more than 30 days prior to the transfer. If the funds are not marginable, I may have to liquidate the funds and incur the IRS wrath.

Currently this is the only thing holding my application.

I appreciate any answers from DLJ account holders,

Thanks In Advance
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News