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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: churchy6 who wrote (19763)10/3/2002 10:23:00 AM
From: Louis V. Lambrecht  Respond to of 36161
 
chuchy - It is my understanding that the shares you have in a margined account are available for lending (shorting): they are gone, somebody else in playing with. Worse if your shares are in Street Name.
In the case both your broker fails and the SIPC fails, can you find the guy your broker lent the shares to?