Special memorandum account
id:
special-memorandum-account-275-4835220
title:
Special memorandum account
text:
Special memorandum account (SMA) is a margin credit account used for calculating US Regulation T requirements on brokerage accounts. In addition to Initial Margin and Maintenance Margin requirements, the SMA ledger is used to lock in unrealized gains that augment the client's buying power. According to Regulation T, Section 220.5: Regulation T allows transfers from the SMA to be used as margin for new purchases in their margin account. However, exchange rules do not allow these transfers to be u
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Special_memorandum_account
date created:
date modified:
2021-12-30T04:49:23Z
main entity:
{"identifier":"Q7574836","url":"https://www.wikidata.org/entity/Q7574836"}
image:
fields total:
13
integrity:
13