ANZ reduces margin lending LVR

Just in today...  I can't cover this change so had to sell my small holding in my margin account today.  Holding tight in my SMSF though.

The effective date for the changes is Thursday 13 August 2015.

What are the changes?

The Standard LVR of the following security will be changed. The old and new LVRs are listed below.

	Column 1	Column 2	Column 3	Column 4
0	ASX Code	Security	Old LVR	New LVR
1	TAP	Tap Oil Limited	50%	0%

The Diversified LVR of the following security will be changed. The old and new LVRs are listed below.

	Column 1	Column 2	Column 3	Column 4
0	ASX Code	Security	Old LVR	New LVR
1	TAP	Tap Oil Limited	70%	40%