Stock Non-Marginable Clause Samples

The 'Stock Non-Marginable' clause defines that certain stocks cannot be purchased on margin, meaning they must be paid for in full at the time of purchase. In practice, this clause applies to specific securities that a brokerage or regulatory body deems ineligible for margin lending, such as low-priced stocks, newly issued shares, or those with low liquidity. By designating stocks as non-marginable, the clause helps mitigate the risk of excessive leverage and potential losses for both the investor and the brokerage.
Stock Non-Marginable. The Stock is not marginable and may not be used by Seller as collateral for any purpose.
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