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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Petz who wrote (82643)12/10/1999 7:34:00 PM
From: tejek  Respond to of 1576708
 
Petz, this time the Nasdaq and the NYSE are asking that the SEC increase the margin account requirements from $2000 to $25000 for daytraders.

On IPO's and certain other stocks brokers already have the latitude to increase margin requirements above 50%. I know because Fidelity did it to me on two stocks.

ted