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Your shares can only be lent if you have a margin account and have a negative cash balance (or collateral placed with other parties in excess of your cash balan
by bdonlan 7y ago
Your shares can only be lent if you have a margin account and have a negative cash balance (or collateral placed with other parties in excess of your cash balance), or if you have opted into a securities lending program like the one at IB.
- scurvy 7y agoI've seen this oft repeated bit about only margin account holdings can be lent out to shorts. Do you happen to know the regulation or law that says this is the case? Or is this another instance of drinking 8 glasses of water a day?