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Tuesday, July 20, 2021 4:28:44 PM
If you have a Margin account they can borrow shares from it, it should be in the user agreement. I have never seen anything definitive about whether putting in sell orders affects it or not.
Here is a little info on short selling:
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins-51
I use TDA and their trading information page on Short Sales states
I always found it a bit insulting that shorts could borrow my shares to use against my position so I only use cash accounts. I wouldn't use Margin even if it was available so it makes little difference to me.
Those using a Margin Account should understand the potential pitfalls. Since it is unlikely anyone actually read the user agreement here is an investor alert from FINRA that I use when teaching about stocks.
https://www.finra.org/investors/alerts/investing-borrowed-funds-no-margin-error
All the best,
Knife
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