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...accounts could be used as collateral in loans made by other entities.
What happens when @Vanguard_Group @Vanguard_FA lends its customers' securities to an entity shorting the stock and that entity goes bust?
https://institutional.vanguard.com/VGApp/iip/site/institutional/researchcommentary/article/InvComVIPSSecLending&SYND=RSS&Channel=RI …pic.twitter.com/SnhWpoMORA
Highly unlikely.. the lending market is cornered by few major firms, lenders can recall at any moment, and regulation T calls are not played with. I don’t trust banks either. But,you simply cannot take part in the financial syst./equities without exposing yourself to some risk.
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