Business & Finance
Schwab Warns of Margin Calls as Concerns Over Tax Bets Mount
Key Points
Schwab Warns of Margin Calls as Concerns Over Tax Bets Mount Charles Schwab Corp. is imposing new margin requirements for clients using long-short investment strategies, adding more guardrails around a fast-growing tax-management trade. The brokerage will issue a margin call and contact the adviser if any of their accounts exceed the new thresholds, Charles Schwab told advisers in an alert this week seen by Bloomberg News.
Schwab Warns of Margin Calls as Concerns Over Tax Bets Mount
Charles Schwab Corp. is imposing new margin requirements for clients using long-short investment strategies, adding more guardrails around a fast-growing tax-management trade.
The brokerage will issue a margin call and contact the adviser if any of their accounts exceed the new thresholds, Charles Schwab told advisers in an alert this week seen by Bloomberg News.