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NSX

Re: XenaLives post# 22178

Tuesday, 01/21/2020 9:09:44 PM

Tuesday, January 21, 2020 9:09:44 PM

Post# of 60540
Selling stocks out of an investor's brokerage account without authorization in order to increase the broker's commissions is considered illegal and unauthorized trading.

It is something you can write your broker firm and request that none of your shares are available for loans or disbursment without your written approval in a margin account. It is understood, and the rules/law, that cash account shares are strictly prohibitted from being borrowed. In a cash account, the owner must have his entire shares available at a moments notice for a transaction.

https://www.sonnlaw.com/faq/can-my-broker-lend-my-shares/


My research and my opinion. My opinions is not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence.

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