This site uses cookies to improve your browsing experience, gather site analytics and activity, track shopping cart contents, and deliver relevant marketing information.
View our privacy policy and manage your settings here. By using our site you agree to these terms.

9.14 Portfolio Margining

<< Title IX Overview

9.14 Portfolio Margining

 

 


9.14.     Portfolio Margining.  The Act amends the SIPA to clarify that options on commodities are treated the same as claims for securities with respect to customer claims, and that customers include those who have a claim against a debtor broker-dealer that include options and futures acquired as part of portfolio margining, but exclude those whose claim is part of the capital of the debtor broker-dealer. [§983]