**Part 2 of 2
Personnel at Interactive Brokers explained to me that the entire process takes only three simple steps:
1. Open an account. This is done via the application page on the Interactive Brokers website.
2. Transfer the shares. This is typically done via an ACAT, and can be requested within the application. More information can be found here.
3. Once the account is open and the shares are transferred, sign up for the Stock Yield Enhancement Program on the Trading Configuration or Trading Permissions page in Account Management.
For further assistance or questions regarding the process, please contact Interactive Brokers’ Sales Representative, John Cracraft, by calling IB’s customer service number or email at jcracraft@interactivebrokers. It is also wise to check out Interactive Brokers’ FAQs on the program and risks/disclosure statements.
It’s hard to predict what the future holds for the LLEN or #$%$. Investors are wise to make the most of their investment while they can. Loan fees are thus a vital way to earn potentially considerable income during long trading halts.
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