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Technology Stocks : JDS Uniphase (JDSU)
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To: John Waddell, Ph.D who wrote (7566)3/14/2000 8:34:00 AM
From: SJS  Read Replies (1) of 24042
 
John,

I have been saying this for months. Yes, brokerages are doing this. Fidelity is, among others. The head of the NAZ, Frank Zarb, has been on TV saying that this has been discussed and houses have been asked to review and raise the margin on some of the most volatile stocks.

While the Federal requirements are 30%, brokerage houses can raise their requirements (irrespective of the 30% value) to (as you've seen...) 100% if they feel their capital is at risk.

Steve
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