B beachallstar Feb 19, 2011 #3 Which countries are exempt from the pattern day trader rule using ETF's? Would anyone know if Canada was exempt? I thought the pattern day trader rule was based on accounts being above/below 25k.
Which countries are exempt from the pattern day trader rule using ETF's? Would anyone know if Canada was exempt? I thought the pattern day trader rule was based on accounts being above/below 25k.
A abattia Feb 20, 2011 #4 http://en.wikipedia.org/wiki/Pattern_day_trader As per the above, pattern day trader rule is a FINRA (NASD) rule. FINRA is an independent regulator concerned with US capital markets, and with securities firms doing business in the US.
http://en.wikipedia.org/wiki/Pattern_day_trader As per the above, pattern day trader rule is a FINRA (NASD) rule. FINRA is an independent regulator concerned with US capital markets, and with securities firms doing business in the US.
