segregation

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Segregation

The practice of broker-dealers keeping securities for which a client has paid in full separate from securities the client has purchased on margin as well as from securities used as collateral on a margin account. Rule 15c3-3 requires segregation of these securities.

segregation

The safekeeping of a customer's securities in a separate location when the securities have been paid for in full. Segregated securities may not be commingled with the securities of the broker-dealer and they may not be used by the broker-dealer to collateralize loans. See also Rule 15c3-3.
References in periodicals archive ?
did segregationist James Jackson Kilpatrick become interested in the
Board of Education as a defining moment in the history of American race relations, "not least because it was a sensory keynote for southern segregationists, a moment in which over two centuries of assumptions, stereotypes, and the mindless, unthinking behavior that protected and empowered them, came crashing into the present with magnifying-glass precision" (139).
Dyckman succeeds in explaining how Collins evolved from a segregationist who reflected the views of the Pork Chop Gang to a man who followed his conscience and did what he believed was morally right once he accepted the Brown decision as being the law of the land.
Smith's steadfast commentaries against liquor racketeering, gambling and official corruption had made her some powerful enemies long before her campaign to curb police brutality against Negroes had led segregationists to label her a nigger lover and Communist and to start a rival paper to run her out of business.
The refusal to take responsibility for the enforcement of desegregation continued after the paratroopers established order and in spite of unremitting harassment of the nine black students by segregationist sympathizers in Central.
Back in 1948 Strom Thurmond was running for president as a segregationist "Dixiecrat".
As a colleague, Senator Lott should know that publicly stating the country would have been better off if a segregationist candidate had been elected President of the United States, is deplorable.
Randall, who has taught at Washington State University and the University of Idaho, said he considers Lott a segregationist for supporting vouchers for students to attend private schools.
Private funding of private schools is segregationist," he stated.
As a child of the Deep South, born and reared in Mississippi, I had its traditional, segregationist views on race.
They should not be permitted to become elitist or segregationist, he cautioned.