Series 65: 7.2.1.2.1.4 Margin Account Deposits

Taken from our Series 65 Online Guide

7.2.1.2.1.4 Margin Account Deposits

If a customer deposits cash or cash dividends into a margin account, the debit balance is reduced by that amount, and the equity increases by that same amount. The SMA also increases dollar for dollar by the amount deposited.

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