Rising margin debt

[Tom Lehman]

Fidelity, might be a bad example because they are so big and visable, but,
there are so many of these funds that purchase equities.  Can a fund
manager buy equities for the fund he manages on a margin? Consider the
recently passed banking reform act as part of this question.

Tom

Jordan Hayes wrote:


> > Here's a good question---are these various brokerage houses providing
> > 401(k) and other retirement investment vehicles allowed to buy on
> > margin?
>
> Do you mean can the account holder buy things on margin?
>
> Brokerage firms are the source of margin loans, not the sink.
>
> /jordan