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Tuesday, November 25, 2014 12:48:53 AM
These days I'd be very surprised if *any* firm still employed such simple minded rules. Most firms have algorithms that optimize their stock lending revenue by lending out the highest rebate rate shares available.
The regs state that if you have a debit balance in a margin account, then the firm has a right to lend out up to 140% of that
debit balance using ANY shares you hold in that margin account. There are absolutely zero regs that prevent firms from lending your shares if you have a limit sell order.
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