Definitions for "house maintenance requirement"
Keywords:  brokerage, nasd, margin, equity, rules
Level of equity that a brokerage requires on a customers margin account. Usually higher than the level required by NASD.
Internal regulations set by individual brokerage houses regarding the handling of and activities associated with customer accounts. Brokerages enact these rules in order to better meet outside regulatory requirements. (A.k.a., house rules.)
Internally set and enforced rules of individual brokerages regarding customer's margin accounts. See the explanation of margin for more complete information on using margin leverage in your investing.