5120. Margin requirements – when a rate is not specified

Where a security position is held in either the Dealer Member’s inventory or in a client account for which a margin rate or requirement is not specified within the IIROC requirements, the Dealer Member must obtain a margin rule interpretation from IIROC staff specifying the margin rate or requirement to be used.

5121. - 5229. 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

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

5130. Definitions