Rami Comment On Regulatory Notice 24-13 Rami If a PDT account goes under 25k it should still be allowed to trade with settled cash.Why would you prevent the cash from being used at all and force them to convert it to a cash only account?The margin should simply be removed and the customer should be allowed to continue trading with their cash.
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Rami Comment On Regulatory Notice 24-13
If a PDT account goes under 25k it should still be allowed to trade with settled cash.
Why would you prevent the cash from being used at all and force them to convert it to a cash only account?
The margin should simply be removed and the customer should be allowed to continue trading with their cash.