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Re: skichic post# 36634

Thursday, 05/25/2017 9:45:50 PM

Thursday, May 25, 2017 9:45:50 PM

Post# of 64475
Yeah, I just looked it up. Brokers can make rules more stringent than the requirements if they so desire, so it depends I guess.

http://www.finra.org/investors/day-trading-margin-requirements-know-rules

"It is important to note that your firm may impose a higher minimum equity requirement and/or may restrict your trading to less than four times the day trader's maintenance margin excess. You should contact your brokerage firm to obtain more information on whether it imposes more stringent margin requirements."