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Strategies & Market Trends : From the Trading Desk
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To: Tom DuBois who wrote (4580)6/17/1999 3:32:00 PM
From: Mama Bear  Read Replies (1) of 4969
 
I forgot to say in the post above that account restriction will only occur if you don't or can't meet the Reg T call. My understanding is restricted isn't 'frozen', just every trade will have to be ok'd by a rep to make sure you have the money. As long as you have the fresh funds to meet the call you can daytrade beyond your BP to your hearts content.

Barb
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