Quote:
Originally Posted by zeronine View Post

wondering if I were listed PDT couldn't yet put in 25k to keep trading as pdt.
can I use acat transfer to new broker to use margin acct or does pdt follow through with the acat. if yes, can you just open new acct and ach deposite into new acct to use a margin?

I do now understandwhat triggers the pdt restriction, but why was it set up?
Thank you.
Good question, I hope someone can answer it for you. The only thing I wonder about is if the FTC keeps track of this and come back and fine you.