Segregation of securities


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Segregation of securities

SEC rules to dictate how customers' securities may be used by broker-dealers in broker loans.

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.
Financial browser ?
Full browser ?