Series 28: Interest And Service Charges

Taken from our Series 28 Online Guide

Interest and Service Charges

A margin account will incur certain expenses and generate revenue as a result of its activities, which will impact the margin it maintains. Dividends on securities held as collateral will increase equity in the account, while dividends on borrowed securities will decrease it. Creditors may debit the following items to a margin account:

• Interest charged on money

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