5225. Commercial and corporate floating rate debt obligations not in default

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    1. The minimum margin required for commercial and corporate floating rate debt obligations not in default held in Dealer Member inventory and client accounts is the sum of:

      1. 50% of the margin otherwise applicable to the par value of the debt security, and

      2. 100% of the margin otherwise applicable to any excess of the market value over the par value of the debt security.

    There is no history log for this rule.

    There is no history log for this rule.