This document outlines the terms and conditions related to margin accounts managed by DBSI and Pershing. It covers topics such as the rights of DBSI and Pershing to liquidate positions, request extensions for payment, execute short sales, and the tax implications of certain transactions. It also discusses the mandatory close-out of short sales, the rehypothecation of margined shares, and the associated tax treatments. The document emphasizes the client's responsibilities and the risks involved in using margin accounts.
documents/vol00010-efta01355747-pdf.pdf
{"document_type":"financial","document_subtype":"Margin Agreement","key_organizations":["DBSI","Pershing"],"reference_numbers":["12-PWM-0573","012145.011113","DB-SDNY-0041009","SDNY_GM_00187193","EFTA01355747"]}