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Yes, obviously the CH should seize assets they’re entitled to. I think that you forgot we were talking about the case where they seize money they’re not entitl
by SilasX 5y ago
Yes, obviously the CH should seize assets they’re entitled to. I think that you forgot we were talking about the case where they seize money they’re not entitled to. (Which is how we got to talking about the need to protect the client from that, and why the broker has to put up the extra collateral, and how “regulations” stop that money from being misappropriated but somehow not the client funds.)
I think we’re going in circles. And if I may give some unsolicited feedback, if I understood this topic as well as you’re claiming to, I probably would have given answers that avoided reaching that point. If I didn’t, I would have confessed as much, earlier in the thread, once I started giving your answers.