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Each stock has a 25 percent maintenance margin requirement. Mr. Jones has a $6,000 unmet maintenance margin call, so the broker sold out some of his securities. The broker chose to sell out GHI. Mr. Jones is in a very high tax bracket, so the sale results in a large tax bill for him.
The maintenance margin is one such rule, and it stipulates the minimum amount of equity that must be in a margin account at all times. Equity, in the context of margin trading, is the total value of securities in the margin account minus what has been borrowed from the brokerage firm.