Friday, May 24, 2013 3:11:46 PM
Thank you for your message regarding selling FMCC and FNMA short.
Please note that to be able to sell a security short, it needs to be marginable. Both FMCC and FNMA are non-marginable, which means they cannot be sold short.
I hope this addresses your inquiry. If you need any additional assistance feel free to reach out directly to our Elite Services Group at 1-888-388-2900, Monday through Friday 7 am to 11 pm EST. You can also call our General Customer Service line 24 hours 7 days a week at 1-800-ETRADE-1 or 1-678-624-6210.
Sincerely,
So, this is great for longs.
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