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My understanding is that if you’re long a stock that the brokerage needs permission from you to loan the shares you have to other short sellers. For example th
by zaroth 7y ago
My understanding is that if you’re long a stock that the brokerage needs permission from you to loan the shares you have to other short sellers.
For example this program at Schwab [1] where they actually pay you a small interest rate to borrow your shares.
Can they lend out your shares without permission?
[1] - https://client.schwab.com/secure/file/P-5182696/MKT33373-05.pdf https://client.schwab.com/secure/file/P-5182696/MKT33373-05....