PART A.3 - SECURITY USAGE RESTRICTIONS AND CORRECTING SEGREGATION DEFICIENCIES

4324. Inventory or trading account short position segregation deficiency

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    1. A Dealer Member that determines it has an inventory or trading account short position segregation deficiency must:

      1. borrow the same issue of securities to cover the deficiency within the business day following the day it determines the deficiency exists, or

      2. undertake to purchase the same issue of securities immediately.


         

    There is no history log for this rule.

    There is no history log for this rule.