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To: Jack Zahran who wrote (9976)1/30/1998 1:32:00 AM
From: Jack Zahran  Respond to of 31646
 
***Slightly on Topic ***

Regulation T regarding Marginable Securities:
ny.frb.org

In the text it explains that a stock only needs to be on the FRB approved list to be marginable (even without NMS). Although the listing is out quarterly, stocks may be added to the list in the interim (FYI, next list out this February). In certain cases dealers are allowed leeway in determining how much margin is extended, but gives no further details.

General Discussion on Margin Impact (technical and only for those who like to know the behind the scenes stuff):
bog.frb.fed.us
* You'll need the Adobe PDF viewer adobe.com if the link doesn't work.