The Financial Industry Regulatory Authority is looking to rework the “pattern day trading” rule that limits investors with less than $25,000 in their margin account from borrowing to trade four or more times in a five-day period. In a proposal being prepared for Finra’s board to eventually vote on, retail investors would need to have only $2,000 in their accounts for such trades.
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Losses can happen more quickly with quant and algorithmic trading compared to other forms of trading. Investing involves risk. Visit www.moomoo.com/us/support/categories/141 for more info on quantitative trading.
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