The Investment Dealers Association is reminding its members of their obligations when dealing with margin accounts.

The IDA requires its member firms to carefully review any arrangements whereby securities of its customers have been pledged or guaranteed to a lending financial institution to ensure that the securities are properly recorded on the member’s customer statements.

The IDA reminds firms of the details of accounting for transactions involving general margin use, personal customer bank loans and guarantees, and in the course of investor immigration programs.