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Hi All,
So I heard about this awhile back that we can disable share lending from our brokers but have found a lot of people are either unaware this is on by default or they are unsure of how to disable it. I have provided the link below for the how to disable share lending from WeBull but I am unsure how to do it from RH or other brokers. If we all disable this feature, it will put more pressure on the HF since it will give them less shares to barrow! Let's get this going!
https://www.webull.com/hc/categories/fq529-How-do-I-terminate-the-Stock-Lending-Income-Program
If for whatever reason you are unable to view this link, here is the step by step guide:
Open WeBull App>Press WeBull icon on the bottom toolbar>More>Stock Lending Income Program>Exit Program
This will go into "Under Review" and will take 1-2 Business days
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