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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Bruce Jordan who wrote (4019)1/17/2000 12:58:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 15615
 
You cannot use margin in a SEP/IRA...

I think these people who "corrected" you are very confused. I suspect the confusion may be explained by industry practices. When I switched my Fidelity SEP from the mutual fund to a brokerage account, I was sent forms to fill out to get clearance for options and margin trading. A Fidelity rep told me that those forms are mistakenly sent out to anybody opening a brokerage account.

If you have a SEP/IRA, do this: Try to make a trade on margin. You should get an error message.
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