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To: TH who wrote (1472)12/5/1998 10:48:00 PM
From: Cavewoman  Respond to of 27722
 
On the new brokerage requirements...

My broker uses Bear, Stearns as a clearing house and Bear, Stearns has changed their requirements. Don't have a list but I think NAVR is at 50%. Though don't hold me to that. When I talked to my broker on Friday he said that the margin requirements have changed and Bear, Stearns are the ones who make those decisions for them. Since I don't have any margin at this time it didn't affect me so I didn't get into details.

Ginger/Block Island's Cavewoman