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.
Threatening the President of the United States is a class E felony under United States Code Title 18, Section 871. The offense is punishable by up to 5 years in prison, a $250,000 maximum fine, a $100 special assessment, and 3 years of supervised release.