Regulatory Alerts2024-10-29 | Regulatory Notice 24-13Added · Updated
FINRA Requests Comment on the Effectiveness and Efficiency of its Requirements Relating to Day Trading
FINRA is conducting a retrospective review of its day trading rules, specifically Rules 2130, 2270, and 4210, to assess their effectiveness and efficiency. The regulator seeks comments from members, investors, and other interested parties on all aspects of these requirements, including account approval procedures, risk disclosures, and the $25,000 minimum equity threshold for pattern day traders. Comments must be submitted by January 28, 2025, via online form, email, or mail.
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