Assignment/Exercise Reg T Restricted Call (A/RTR)
Cause: Purchasing or selling stock due to option assignment or exercise in an amount that exceeds the account’s overnight buying power.
Due: By 1 PM CT on Trade Date + 1 business day (T + 1)
Meeting an A/RTR Call: Closure of the assigned/exercised security(s) in an amount sufficient to generate Reg T margin release, deposit of funds in the amount of the call, or a deposit of fully paid for, marginable securities that generate sufficient Reg T release.
If an Assignment/Exercise Reg T Restricted call is not met by the due date, the account will be restricted to closing positions only for 90 days from this call’s due date.