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Tellin_Fibs

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Tellin_Fibs

Re: None

Tuesday, 12/01/2015 7:47:53 AM

Tuesday, December 01, 2015 7:47:53 AM

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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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