Rule 15c3- 3 is designed “to give more specific protection to customer funds and securities, in effect forbidding brokers and dealers from using customer assets to finance any part of their businesses unrelated to servicing securities customers.”
There are two main regulations that help protect client assets should a brokerage firm become insolvent: the Net Capital Rule and the Customer Protection Rule. The Net Capital Rule requires that brokerage firms maintain at least a 1:1 ratio of highly liquid assets, such as cash or treasury bills, to liabilities. This ensures that brokerage firms will be able to pay out their liabilities without touching clients’ assets held in brokerage accounts. The Customer Protection Rule mandates that firm assets and customer assets be held in separate accounts. Therefore, if a brokerage firm makes a bad investment, client assets can’t be used to pay the firm’s debts.
从季度报告上可看到，有大量卖出AFS POSITION，如果有REALIZED亏损的话像SCHWAB这种公司隐瞒亏损不在季度报告上报告是不可能的。他说的情况只有在AFS没有卖出的情况下， UNREALIZED LOSS不用 MARK TO MARKET 报告才有可能隐瞒。如果没卖出AFS POSITION， 只是把AFS POSITION 划为HTM POSITION，那么AFS+HTM POSITIONS 总和在每个季度变化就不应该很大。但是去看一下schwab每个季度表告，AFS+HTM POSITIONS 总和在每个季度变化很大,显然AFS POSITION 卖出了很多。所以他的结论是毫无根据的凭空想象和错误的
因为利息狂升, 各种fixed income(长天期国债, MBS, 公司债...) 狂跌, Schwab账面上有很多浮亏, 有倒闭风险. 大家都知道. 你如果在它卷商上有超过50万的怎么办? 我自己决定不转. 几个原因.
一, 它通过Lloyd(London)保险到6亿.
二, 最近2天SCHW涨回来一些. 它的CEO也讲话, 虽然不可全信.
三, 它亏损的是银行部分. 券商部分的客户资产它是不能拿来投资的. 见下面法条.
Rule 15c3- 3 is designed “to give more specific protection to customer funds and securities, in effect forbidding brokers and dealers from using customer assets to finance any part of their businesses unrelated to servicing securities customers.”
There are two main regulations that help protect client assets should a brokerage firm become insolvent: the Net Capital Rule and the Customer Protection Rule. The Net Capital Rule requires that brokerage firms maintain at least a 1:1 ratio of highly liquid assets, such as cash or treasury bills, to liabilities. This ensures that brokerage firms will be able to pay out their liabilities without touching clients’ assets held in brokerage accounts. The Customer Protection Rule mandates that firm assets and customer assets be held in separate accounts. Therefore, if a brokerage firm makes a bad investment, client assets can’t be used to pay the firm’s debts.
券商业务也是不受影响的。因为是分开监管的。保险也是不同的公司。
所以没必要转。
我之所以转是该公司玩财技让我失去信任感。
此外，俺许多年前是会计师，现在早不做了，在商学院做科研和教学。
那就是美帝彻底完蛋的时候。哈哈。大批美国人的养老金都在里面。
更危险了。。。
如果这样的话 Bank of America 更危险！ 去年9月他们的BALANCE SHEET - mmt368发表于 投资理财 - 论坛 | 文学城 (wenxuecity.com)
如果不愿意借，马上可以拿回。 你的股票虽是STREET NAME,但是STREET name 股票并不放在在券商那里，都在DTC放着。转到其它券商股票也是放在DTC那里。券商是不可以乱碰的。2008年BEAR STEARNS 倒闭，没人损失股票。 自称是专业人士但是很多事都没搞对。不懂的人胡说八道太多。
Charles Schwab=嘉信
从季度报告上可看到，有大量卖出AFS POSITION，如果有REALIZED亏损的话像SCHWAB这种公司隐瞒亏损不在季度报告上报告是不可能的。他说的情况只有在AFS没有卖出的情况下， UNREALIZED LOSS不用 MARK TO MARKET 报告才有可能隐瞒。如果没卖出AFS POSITION， 只是把AFS POSITION 划为HTM POSITION，那么AFS+HTM POSITIONS 总和在每个季度变化就不应该很大。但是去看一下schwab每个季度表告，AFS+HTM POSITIONS 总和在每个季度变化很大,显然AFS POSITION 卖出了很多。所以他的结论是毫无根据的凭空想象和错误的
瑞银虽然不是美国的，但是可以和雷曼有一比啊，就不知道最后救不救
liquidity... 只要有不停存入, 不怕！