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Picture this: you're sitting at your trading desk, sipping your morning coffee, feeling like a million bucks after that killer trade you made yesterday. But then, your phone rings, and on the other end is your broker, uttering those two bone-chilling words: "Margin call."
Ever wondered how brokers ensure you don't bite off more than you can chew when trading on margin? Enter Regulation T, the unsung hero that keeps the wheels of margin trading turning smoothly. Buckle up, folks, because we're about to dive into the nitty-gritty of this essential rule.