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Putting Stocks in Hock: Securities Are Backing for More Big Loans – Wall Street Journal

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Wall Street Journal

Putting Stocks in Hock: Securities Are Backing for More Big Loans
Wall Street Journal
Using what is known on Wall Street as "nonpurpose securities-based loans," these investors are using their portfolios as collateral to borrow large amounts—often six figures and up—that can be used for anything from buying a rental property to paying ...

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