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MARGIN REQUIREMENTS

As you trade, the equity of your account may fall below the applicable minimum margin level. When this happens, and only if time permits, we will attempt to alert you to the margin call. This margin deficiency must be met immediately or Linn & Associates has the right to liquidate, with or without prior notice, as many of your positions as are necessary to bring your account back to an acceptable margin level.

At the Ira Epstein Division of Linn & Associates all accounts must be fully margined AT ALL TIMES. Any accounts not fully margined will be liquidated down to the necessary margin. It is your responsibility, to keep yourself informed of all current margin requirements as they may be modified from time to time.

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