B.S.! Check out "Portfolio Margining" ... avg. Hedge Fund is leveraged 9x ... some, 40x. Crazy!
Reg. T only applies to the dupes w/Retail Brokerage Accounts. sshhhhhhh, don't let the sheeple know.
Floor traders/market makers go 100x on the NYSE and Amex (that is the Amex floor traders that haven’t been laid off)..