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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: Spots who wrote (3157)6/3/1998 10:13:00 PM
From: Richard James  Respond to of 4969
 
Spot,

If Datek is circumventing the rule by treating non enabled margin accounts as margin, they may be playing with fire. The SEC has a very good argument that a non enabled margin account is a cash account.

BTW, what did you learn about shares being created by short sales?

Richard James