July 15, 2015
China’s security regulator has tightened scrutiny of trading on margin. This is borrowing money to buy stock. The Chinese government is trying to stabilize its wild stock market which has dropped 20% in the last month. The government crackdown is on peer-to-peer lending (also called P2P). Maybe the Chinese are learning the lesson that all our clients know, margin is high risk and we don’t recommend it.
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