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Fair point, but when you take a margin loan, you also don’t have to register it as a security.
by SilasX 5y ago
Fair point, but when you take a margin loan, you also don’t have to register it as a security.
- mandevil 5y agoBut the broker-dealer who made the margin loan is extremely heavily regulated by the SEC- margin loans are some of the things that they have the longest history with!
- SilasX 5y agoI know, just saying it's not a good example to make the point about "risk of loss implies need to register as security".