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GreenReeper

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GreenReeper

Re: None

Saturday, 08/30/2014 12:12:31 AM

Saturday, August 30, 2014 12:12:31 AM

Post# of 2804248
In a cash account, an investor must pay for the purchase of a security before selling it. If an investor buys and sells a security before paying for it, the investor is “freeriding”, which is not permitted under the Federal Reserve Board’s Regulation T and may require the investor’s broker to “freeze” the investor’s cash account for 90 days.

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