in addition to the suitability it may be significant that brokers usually 1) check the financial circumstances of the clients upon account opening but do not make any verification of the financial status and 2) that these data are in most cases ...

Brokers chasing you for negative account balance

this should be interesting to all Australian traders with negative balance: there are responsible lending regulations associated with Margin lending. url The Conduct Obligations require the FSP to: make reasonable inquiries about a retail client’s ...

Brokers chasing you for negative account balance