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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: JungleInvestor who wrote (876)3/3/2001 2:14:28 AM
From: S. maltophilia  Respond to of 23153
 
<< on a new SEC rule that prohibits day trading in an IRA.>>
Try asking someone there to give you chapter and verse on that "rule." If they say RegT, then it's a Federal Reserve regulation; the SEC, last I heard, does not concern itself with rules regarding day trading in cash accounts.
NYSE & NASD have rules about it, but the Fed is the actual regulator here.
I think Dreyfus is just plain wrong.



To: JungleInvestor who wrote (876)3/3/2001 1:33:13 PM
From: Tommaso  Respond to of 23153
 
Quick and Reilly has nothing like that. You can reinvest proceeds the instant you get an execution.