Margin

Question 1

Margin Stocks/ETFs

Answer 1

Reg T: greater of 50% or 2k

Question 2

Margin Options

Answer 2

Reg T 100% or premium (max loss)

Question 3

Margin LEAPs

Answer 3

Reg T 75% of premium until 9 months to expiration

Question 4

Margin Mutual Funds

Answer 4

Not marginable for first 30 days 50% after

Question 5

Margin Corp Bonds

Answer 5

Greater of 7% of face value or 20% of market value

Question 6

Margin Muni Bonds

Answer 6

Greater of 7% of face value of 15% of market value

Question 7

Capital Surplus

Answer 7

Also known as Paid-In Capital

When a company sells stock to the public above par value