Segregation of securities


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Segregation of securities

SEC rules to dictate how customers' securities may be used by broker-dealers in broker loans.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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