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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: dli who wrote (12284)	3/11/2001 11:21:44 AM
From: Dominick	Read Replies (1) \| Respond to of 18137

Limitations are only imposed on the use of borrowed funds I see your point with regards to only borrowed funds. I have no problem with firms protecting themselves if it places them at financial risk. Personally I wouldn't care if they eliminated T-3 and required money to be in the account first. I do have a pet-peeve about being forced to use a margin account for shorting. If a cash account has ample funds and is subject to similar margin call requirements to protect the firm, I should have the option to choose the type of account I want. Assessing fees, commissions and interest charges can be charged to one account just as well as another. But I never seem to win that argument. :( Dominick