5117. Dealer Member’s right to recover from indebted client

A Dealer Member may recover the amount of the debt from an indebted client with or without realizing on any of the client’s securities.

5118. - 5119. Reserved.

Guidance/Notices

There is no history log for this rule.

Disciplinary History

There is no history log for this rule.

Jump to another section in Rule 5100

5101. Introduction

5110. Margin requirements — purposes

5111. Margin requirements — general application

5112. Application of margin requirements – Dealer Member inventory positions

5113. Application of margin requirements — client account positions

5114. Client securities that are collateral for a margin debt

5115. Dealer Member’s rights in securities of indebted clients

5116. Dealer Member may buy or sell client securities

5120. Margin requirements – when a rate is not specified

5130. Definitions