Thanks very much Now What, to me, that was valuable info.
When anyone opens a margin account, I understand there may be a stock loan consent form, if that is signed unknowingly in haste ,along with the other documents, some people may not know what they signed.
Here is a little piece I found when searching for more info on this subject.
The stocks that are
borrowed for a short sell
transaction come primarily
from margin accounts.
Margin accounts allow you
to borrow against stocks and
other securities deposited
into the account. When you
open a margin account you
usually sign a margin
agreement, which may
incorporate a stock loan
consent form. The stock
loan consent form allows
the brokerage house to lend
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