How can I participate if I don't have a Siebert brokerage account?
Muriel Siebert is proud to offer you one of the lowest discount commissions on equity trades. Opening an online account it’s easy and just takes a minute. But, remember, you will need at least $25,000 in each account that you wish to enroll.
How do I know if I am eligible to participate in the Fully Paid Lending program?
To be eligible to participate in Siebert's Fully Paid Lending Program, you need to:
Have at least $25,000 in each Siebert brokerage account you wish to enroll.Complete digital enrollment for all eligible accounts you want to participate in the program. And, if you have "in-demand" securities you're ready to participate.
  • Have at least $25,000 in each Siebert brokerage account you wish to enroll.
  • Complete digital enrollment for all eligible accounts you want to participate in the program. And, if you have "in-demand" securities you're ready to participate.
What determines which securities are eligible for fully paid lending?
Based on demand in the lending market, Siebert identifies securities in your account that may be hard to borrow due to demand for short selling, scarce lending supply, or corporate events that could affect the liquidity of a security. Siebert then determines which, if any, of those securities they want to borrow.
Which eligible securities in my portfolio are available for lending?
Fully paid and excess-margin securities are eligible for lending through the program. You may lend all or a portion of the securities in your portfolio.
Does my enrollment in the Fully Paid Lending Program guarantee that my eligible securities will be borrowed?
No, Siebert is not obligated to borrow securities. By enrolling, you are giving Siebert permission to borrow from your current and/or future eligible securities, as needed.

When enrolling, you will complete an Agreement, which is a separate agreement from any previously executed margin agreement(s).
How does a loan get terminated?
Either you or Siebert can terminate the loan at any time by selling the shares on loan (which is a termination or "recall" notice) or recalling the shares by contacting Siebert to request that a loan be returned. Siebert can terminate a loan at any time by returning the shares on loan.

Enrollment in the program can be terminated at any time according to section 20.3 of the master securities lending agreement which states; “This Agreement may be terminated by either party upon notice to the other, subject only to fulfillment of any obligations then outstanding including the termination of any Loans.”

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Siebert Online
Siebert Financial Corporation (“Siebert”) has a full range of brokerage and financial advisory services offered through its operating subsidiaries, affiliates and brands associated with Siebert Financial described below.

Muriel Siebert & Co., LLC Member: FINRA | NYSE | SIPC  – Provides brokerage and custodial related services and is the registered Broker Dealer and wholly owned subsidiary of Siebert Financial Corporation.

Siebert AdvisorNXT, LLC. (“SiebertNXT”) – A Registered Investment Advisor that provides investment advisory services and discretionary investment management for a fee. SiebertNXT is the brand name for Siebert AdvisorNXT, LLC. Prior to investing in a managed SiebertNXT portfolio, we will obtain important information from you about your financial profile and risk tolerances and we will provide you with a detailed investment proposal, investment Advisory Agreement and Wrap Fee Programs Brochure. These documents contain important information that should be carefully read before enrolling in a managed account program. Siebert AdvisorNXT, LLC. is a wholly owned subsidiary of Siebert Financial Corporation. Please read SiebertNXT Disclosures for more information.

Park Wilshire Companies, Inc. ("Siebert Insurance") - Offer insurance products and annuity investments through Park Wilshire Companies, Inc., a wholly owned subsidiary of Siebert Financial Corporation. Please read Siebert Insurance Disclosures and Siebert Annuities Disclosure.

RISE Financial Services LLC ("RISE Prime Services") - is a registered Broker Dealer and subsidiary of Siebert Financial Corporation. RISE Prime is a division of RISE Financial Services, LLC.

Siebert Employee Share Plans & Siebert Corporate Services – Partners with public companies to offer share plan administration solutions and services on behalf of their employees. Please read Siebert Corporate Service Disclosure.

Siebert Online and SiebertNXT response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance.

You should always carefully consider the investment objectives, risks, charges and expenses of any investment before investing. Investing in securities products involves risk, including possible loss of principal.

Siebert Financial Corporation (“Siebert”) its affiliates & subsidiaries do not provide tax advice, and you should always consult your own tax advisor before taking any action that may have tax consequences.
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