Be Active Holdings, Inc. (fka JALA)

[Freddybaby]

To be sure I understand you..

I can sell a purchase made with unsettled funds 24 hours later without violating the rule? I thought it was three days.. Why does everyone tell me it's three days? I hope you're right!

If I do violate the rule, I get two warnings before they **** me.. So on the third "free ride" I'd get hit with the account restriction..?

If they **** me and restrict my account, I can deposit to cover the unsettled trade and it'll unrestrict my whole account?



Very good to know- THANK YOU!


PS: This is what it says when I go to put a sell order in
(I sold a settled purchase yesterday and immediately used to proceeds to buy into JALA)

A buy order was placed for this security using unsettled funds. Selling this security before these funds settle may result in a Free Ride. Please review the Trading in Cash Accounts information available in the Policies & Disclosures section of the web site.