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.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (6928)8/23/2001 4:24:27 PM
From: Tommaso  Respond to of 23153
 
That would seem to be how it ought to be. I'm sure Quick and Reilly would have been on my case in a hurry if I had tried to trade over my margin limits. My quick reading of the new regulation gave me the (perhaps mistaken) impression that some brokers were letting clients trade much beyond the 50% limit as long as they ended up 100% cash at the end of the day.



To: Think4Yourself who wrote (6928)8/23/2001 9:56:32 PM
From: upanddown  Read Replies (1) | Respond to of 23153
 
I find it very funny that the SEC is finally trying to rein in margin usage by nickel-dime daytraders. Eighteen months ago would have been a lot more appropriate. Those people are all gone now after some, uh, reverses and have decided to resume their careers at the 7-11 and the carwash.

John


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