If the brokerâs equity requirement is 25 percent, the customer must maintain $15,000 in equity in the account. If the customer has an outstanding margin loan against the securities of $50,000, his equity will be $10,000 ($60,000 - $50,000 = $10,000).
James D. St. Clair argued in his Supreme Court brief on President Nixon's behalf that this language demonstrated the Framers' intent that any prosecution would follow impeachment and removal from office and that, consequently, a President could not be prosecuted while in office.
Article II of the Constitution states that the president must âtake Care that the Laws be faithfully executed.â But that does not mean that the president has an absolute duty to prosecute all violations of federal law, or that he cannot choose which ones to pursue based on policy considerations.f it did, virtually every president in the last century or more would be in violation. Some argue there is a crucial distinction between case-by-case decisions not to prosecute (as with marijuana possession on campus) and a generalized, systematic policy of not doing so in a category of cases.