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To: Oeconomicus who wrote (5278)2/19/1999 4:01:00 PM
From: Green Receipt  Respond to of 13953
 
I'd never heard of the term, but it seems to be a gray line because I use schwab and they let you purchase as long as you come up with the cash within 3 days (the day of settlement). I've never done the 'free ride' as far as i know..

thanks for the info though. I have managed to find one reference to it and the person got fined big time:

sddt.com