The refunds will be made as part of an enforceable undertaking (EU) accepted by ASIC and follow an ASIC investigation which found that IB did not, during the period July 2010 to August 2013, hold an Australian financial services licence (AFS) licence which authorised the provision of margin loans
She did this by forging checks drawn on client accounts, establishing margin loans
on customer accounts without the knowledge or approval of the client, and used those funds to repay other customers.
Additionally, many clients took out margin loans
to buy into these funds.
Buyers of loss absorbing capital instruments are being sold these products by private bankers, who are paring their margin loans
or leverage in order to sell these.
You cannot be profitable making these low margin loans
30, 2012 (CENS) -- The outstanding amount of margin loans
on the Taiwanese stock market plunged NT$4.
au/stockbroking/margin-lending) execution offerings which enables them to trade on margin loans
from our standard online offering rates of $9.
Youngsters tend not to worry about margin loans
, breaking bodies or upset partners.
only make economic sense if investors are convinced that their stock portfolio is likely to increase enough to cover the finance charges and commissions, said Julie Stewart, a spokeswoman with the Department of Corporations.
Another worry is that while retail investors often lack ready cash of their own, many lenders seem all too willing to bankroll them through both personal and margin loans
Interest rates on margin loans
at our firm are as high as 8.
These forced sales were related to margin loans
, which were secured by pledges of Mr.