Business, 21.08.2021 03:40, kookycookiefanx

One of your customers has $135,000 in her cash account. She also has a long margin account with a market value of $17,000, a debit balance of $10,800 and no SMA. The customer wants to open a custodial account for her niece and transfer money from the cash and the margin accounts into that account. How much can be transferred into the niece's account

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One of your customers has $135,000 in her cash account. She also has a long margin account with a ma...