Can I utilize a margin loan from Vision for purposes other than buying securities on margin?
Yes, margin loans through Vision can be used for other purposes. While the purchasing of securities is the most common use of margin funds you should know that the proceeds of a margin loan can be used for multiple purposes including meeting other financial obligations, making purchases (e.g. you can purchase a car utilizing proceeds from a margin loan) or just to raise cash should you need it. However, while margin lending provides flexibility you must remember that there are risks associated with utilizing margin and it is not suitable for all investors. Please read Vision’s Margin Supplement for more information and a thorough discussion pertaining the associated risks.
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