Are there any restrictions placed upon the sale of securities which have been lent through the Stock Yield Enhancement Program?

CHECK YOUR CASH AVAILABLE FOR WITHDRAWAL

Accounts which have been set up as a 'Cash' type do not have access to the proceeds from the sale of securities until such time the transaction has settled at the clearinghouse and proceeds have been issued to IBKR. Securities settlement generally takes place on the business day following the sale transaction. In addition, funds that have been recently deposited may be subject to a credit hold or withdrawal restriction…

As proceeds are reported on a trade date basis a sale is reportable in the year it is executed not settled. In the case of bond sales which take place in December but which do not settle until the following year, the sale proceeds will be reported in the year of the trade, and accrued interest, if any, will be reported included in the following year’s 1099-INT, when the funds are received in your account…

There is no impact on capital gain treatment upon the sale of shares that have been lent through the Stock Yield Enhancement Program.

The lender of the securities is entitled to receive the amount of all dividends and distributions made on loaned securities through the Stock Yield Enhancement Program. …

U.S.

U.S security transactions are reported on a trade date basis. A sale is reportable in the year it is executed not settled. In the case of security sales which take place in December but which do not settle until the following year, the sale proceeds will be reported in the year of the trade, and accrued dividend or interest, if any, will be reported the following year's 1099-DIV/INT…