...and the prob is even more insideous when the lent security is an MLP or a REIT - the accounting becomes a freekin nightmare because you DON'T...
That's the issue - I have NEVER BORROWed or had a debit bal. I use the margin for collateral (rather than cash) on naked short options but never...
Has anyone seen any updates to this problem? My broker loaned a tax free ETF and offers NO compensation for me having to pay full on tax now.
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