Series 27: Good Faith Account

Taken from our Series 27 Online Guide

Good Faith Account

Margin securities that cannot be transacted in the margin account can be bought and sold in a good faith account. A good faith account may include all non-equity securities, such as nonconvertible corporate debt, options on non-equity securities, and repurchase agreements involving non-equity securities. It may also include exempted securities, such as U.S. Treasury bonds and municipal bonds.

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