Day-Trading Rules

What this video covers

• The "promote vs. execute" trigger that determines whether a firm must deliver the day-trading risk disclosure before account opening
• The four mandatory warnings inside the bleak risk disclosure statement, including the specific $50,000 profit-impairment threshold
• The binary approval choice at account opening: documented good-faith suitability determination, or written customer agreement not to day trade
• The five customer-profile factors that must be reviewed and retained for a good-faith approval determination
• The repeal of the pattern day trader (PDT) rules (effective June 4, 2026): no more $25,000 minimum, 4-trades-in-5-days, or 4:1 buying power
• The intraday margin deficit framework, including the de minimis carve-out of the lesser of 5% of account equity or $1,000
• The fifth-business-day cure deadline and the 90-calendar-day restriction penalty for creating or increasing short positions or debit balances