"vested interest" in own brokerage account

[jrddmm]

California - I was 100% owner of a margin account. I purchased stock and used money, not knowing that I should have cashed the bonds, not used money from the margin account. I have now been charged fees by the broker for not maintaining sufficient equity in the account. I have also been paying them interest, but did not know it. My question is, how can they charge me interest on the account and management fees for "insufficient equity" if the money was all mine to begin with?

 

[vrzirn]

They can, they did. Read all the fine print in the lengthy agreement you signed when you set up the margin account. Call their legal department and ask them to explain it to you.