Cryptocurrency Q&A What happens if you are flagged as a PDT but have over 25,000?

What happens if you are flagged as a PDT but have over 25,000?

Chiara Chiara Tue Sep 24 2024 | 6 answers 1290
So, let me get this straight. If someone is identified as a Pattern Day Trader, or PDT, but they happen to have a portfolio exceeding 25,000, what exactly are the implications? Does this mean they're exempt from the PDT rules altogether? Or do they still need to abide by certain restrictions, despite their significant holdings? It's a bit of a gray area, so I'm curious to hear your take on it. Are there any specific conditions or stipulations that need to be met in order for a PDT with a large portfolio to avoid the standard PDT restrictions? And how does the regulatory body, like the SEC or FINRA, handle such cases? What happens if you are flagged as a PDT but have over 25,000?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts