NorthWest Biotherapeutics Inc (NWBO)

[sharpie510]

I am positive Fidelity can loan shares out in a Roth IRA as they solicited me to join their securities lending program a few years ago for both my individual and my Roth IRA accounts. I did the program for about a year and then quit. Initially I didn’t think lending would be a problem -- I read articles telling me so much -- but then reconsidered. I know for a fact shares in a Roth IRA can be loaned out -- I have records showing the transactions of them lending out my NWBO and SRPT shares. Not sure if it matters if you are in the securities program or not. Maybe not being in the program simply means Fidelity just doesn't share with you the fees they receive. I know for the individual account it was margin, so maybe if your individual account is margin they can also loan shares in you IRA and Roth IRA accounts in the same name.

After quitting the lending program, I was told by a rep my shares would not be loaned out of my margin account if I was not currently borrowing any funds to buy securities. Now I'm not so sure I can trust what the rep said so I'm going to switch the account to a non-margin account. I only had a relatively small portion of my total shares in this account but every little bit can add up to a lot of lendable shares.