Can a dealer sell out of an account without any margin call?

British Columbia, Canada


The following excerpt is from Edwards v. BMO Nesbitt Burns Inc., 2010 BCSC 1108 (CanLII):

The court distinguished Varcoe v. Sterling on the basis that in that case there was no agreement expressly entitling the dealer to sell out the account in its discretion without any margin call at all.

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