Last week, for the first time in its 103-year history the hard-hit Boston Stock Exchange decided to advertise. Simultaneously all exchanges were encouraged by further liberalization of margin requirements by the Federal Reserve Board. Last month the Board cut margin requirements from 55% to 40%. Last week's changes were not so radical but will aid many a trader when they go into effect January 1. Broadening Regulation T. they permit withdrawals from restricted accounts under special circumstances, allow customers to make deposits which need not be absorbed into the restricted accounts,...
To continue reading:
or
Log-In
