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.
Published: January 25, 1998. WASHINGTONâ THE question of whether a sitting President can be indicted and criminally prosecuted has been, for most of the nation's history, an obscure matter for debate among constitutional scholars and legal historians.