"The pool of shares that we can lend for short sel
Post# of 43064
- Kugel (from Scottrade??)
What happens is that if anyone has a margin account with a debt balance, the brokerage is allowed to loan out up to 140% of that amount of the account holder's shares to short sellers...and the broker collects and keeps the borrow fees. The account holder whose shares are loaned to short sellers gets nothing. It's horrible regulation which hurts investors in multiple ways.