Dollar Equality for Margin Interest Rates:
10 months ago
3
Government Implementation & Ruling:
Margin Int. % Rate = Margin Int. % Rate, no matter the value of the account.
The one margin Int. rate chosen, remains to be the banks decision.
Ruling:
That each brokerage bank, must offer the same Margin Interest Rate
on all accounts, in their bank.
Instead of the current system where total account value
is given preferential Interest rates.
Allowing for equal status per person, per account,
that treats each dollar financially equally.
Thusly, helping eliminate Wealth enhancements for a select few.
Meanwhile, the banks will prosper even more so,
from the Equal Interest Margin Rate. A plus for the Economy.
Traders will have more money to trade with,
which can help to raise their accounts.
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