Thursday, July 12, 2007

Margin debt soars to record $353 billion on NYSE

(Reuters) - The NYSE data showed margin debt surged 11 percent to $353
billion in May, easily topping the last record of $318 billion
hit in April.




Contributing to the surge are regulatory changes that allow
investors to take on more debt from their brokers, said NYSE
Regulation spokesman Brendan Intindola.


Read more at Reuters.com Bonds News

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