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Driver
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On the application form they ask who is my employer and my position.Will they actual check? Or will they reject me if it sounds like l dont make alot of money?
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dwi
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If you are not in a position to qualify for margin, do not ask for it. Leverage is killing even the most sophisticated investors right now.
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Gadget
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No, they need the information to see if you are insider trading. If you are a corporate officer/manager/director/attorney. you may have access to information not released to the general public and prohibited from trading on it. And they will check.
No, they do not care what you make, they get a commision even from the poor. They will liquidate to satisfy margin requirements, if necessary.
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