A Dealer Member decides to sell a client's long positions because the account has fallen below the required margin levels. Which rule specifically authorizes this action for credit protection?

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Accepted Answer

Rule 5116 authorizes a Dealer Member to sell-out or buy-in positions for credit risk protection.

A Dealer Member decides to sell a client's long positions because the account has fallen below the required margin levels. Which rule specifically authorizes this action for credit protection?

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