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Re: Traderfan post# 90782

Thursday, 06/11/2015 9:54:54 AM

Thursday, June 11, 2015 9:54:54 AM

Post# of 163716
TF: my post yesterday about the lending of shares referred to unsollicitated lending by the broker of shs held in a margin account, not the kind of sollicitated or voluntary lending that you alluded to . You can of course always agree to lend out shares that you have bought with your own cash (say in a cash account) for a fee. What I meant was whether the broker has a right to automatically lend out your shs of a stock that is not marginable like Siaf held in a margin account that you bought from your cash balance (not from the marginable balance) and thus 100% own. I donot think he does without asking for your permission but I haven't read the fine print of the margin account agreement.

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