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MadBrewer

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MadBrewer

Re: RammageRaul post# 182148

Wednesday, 04/21/2021 1:17:56 AM

Wednesday, April 21, 2021 1:17:56 AM

Post# of 222377
Rule 15c3-3(b)(3) requires broker-dealers entering into agreements with their customers who lend the broker-dealers fully-paid or excess margin securities to provide the securities lenders with collateral that fully secures the loans.
https://www.sec.gov/news/public-statement/staff-fully-paid-lending?utm_medium=email&utm_source=govdelivery

Cheers


Avast ye Mateys, a statement of plunder is not upon ye,
only missing sails & lazy seamanship upon thy keel.

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