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.
Best Answer Thanks! The simple answer is yes. A person can be tried twice for the same act, once by the state and once by the feds. Double jeopardy does not apply because they are separate sovereigns. The state can prosecute the violation of a state crime, and the feds can prosecute the violation of a federal crime. In some states, it matters in what order this happens. In New York, for example, the state cannot prosecute someone for the same act if the feds went first.