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Pershing is a respected custodian and there are no concerns about Pershing taking/misappropriating your grandfather's money. However, the advisor and the broker could withdraw money from your grandfather's account if he signed paperwork authorizing them to do so. The only way to be certain is to review copies of the documents your GF signed when opening ...


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I'm not sure why you're asking about the pros and cons as well as the differences and similarities between Securities lending and Margin. Though intertwined, they're separate issues. When someone wants to short a stock, his broker borrows it from an in house account. If no shares are available in house, he borrows it from another broker. This assumes ...


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https://www.investopedia.com/terms/f/fund.asp A fund is a pool of money that is allocated for a specific purpose. A fund can be established for any purpose whatsoever, whether it is a city government setting aside money to build a new civic center, a college setting aside money to award a scholarship, or an insurance company setting aside money to pay its ...


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