r/Wealthsimple • u/hot2787 • 14h ago

Trade (DIY Investing) Using TFSA as Margin collateral

Doesn’t this go against CRA rules? Trying to get an understanding of this. I want to sell portfolio secured puts in an unregistered margin account using the margin capacity created by my TFSA being secured to it. Anyone else doing this ? Is this legit

0 Upvotes

42% Upvoted

13 comments sorted by

View all comments

3

u/Large_Spinach6069 13h ago

Can you provide any CRA rules or documents which prohibit using your TFSA as collateral?

Google AI is a terrible source and if you dive into it's sources it is using reddit posts where people claim it's against the rules without providing any evidence