The document outlines the terms and conditions related to margin accounts managed by DBSI and Pershing. It includes clauses on the rights of DBSI and Pershing to manage securities and other properties in the account, the process for short sales, mandatory close-out of short sales, tax treatment of earnings on pledged municipal securities, rehypothecation, and additional risks associated with margin trading. It also covers the handling of restricted securities and collection remedies.
doj/DataSet10/EFTA01378958.pdf
{"document_type":"legal","document_subtype":"Margin Addendum","key_organizations":["DBSI","Pershing","Federal Reserve Bank","FINRA"],"reference_numbers":["WM189778 015684.080218","DB-SDNY-0076239","SDNY_GM_00222423","EFTA01378958"]}