Daytrading thread folks,
Does anyone agree that a great way for the primary daytrading SRO, the NASD, to fully explain the margin and trading implications of the "pattern daytrading" proposal to many of the daytraders that will be affected...
AND,
because so many broker-dealers, clearing firms, software vendors, and accounting entities will be there, to ensure accurate transmission of the information - and therefore, the likelihood of regulatory compliance with the initiatives...
would be to set up a session, perhaps an hour, in front of the combined audience of next weeks' Online Trading Expo in Mannyhatty?
Seems to me like a great and rare opportunity to have most of the powers affecting daytrading - individuals and firms - in one place for dissemination...not to mention the timing.
There's a lot of confusion out there right now, and the NASD has held similar open discussions (including Q&A portions) on other pending initiatives in the past.
LPS5 |