Updated model day trader (PDT) rules make life difficult for retail traders

Spark Global Limited Reports: The Financial Industry Regulatory Authority (FINRA) has just updated their model day Traders (PDT) rules, with much harsher penalties for violators. Here’s a quick rundown of the quote: The Pattern Day Trader (PDT) rule allows no more than three (3) days of trading in a rolling five-day period if the account […]

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