To Remove Pattern Day Trading (PDT) Regulations

The Issue

NOTE: There is a guaranteed response from the Whitehouse as long as we get 100,000 signatures by April 28, 2018.

PDT (pattern day trading) regulations and rules for stock traders are discriminatory towards people without large amounts of cash on hand. The rule states you must have a minimum of $25,000 in your brokerage account in order to be a PDT which allows unlimited day trades with 4X margin.
Otherwise, if your account is under $25k you are stuck with strict rules stating you can only make 3 day trades in 5 rolling business days with normal overnight margin. Another rule favoring the wealthy. Not having $25k on hand does not make you a naive trader or unable to handle some risk. Further, day trades are far less risky than overnight position trades as all major news happens during close where the biggest losers happen from news such as dividend changes, executive changes, earnings, acquisitions. Please sign the linked petition in order to remove this regulation.

https://petitions.whitehouse.gov/petition/remove-pattern-day-trader-regulations

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The Issue

NOTE: There is a guaranteed response from the Whitehouse as long as we get 100,000 signatures by April 28, 2018.

PDT (pattern day trading) regulations and rules for stock traders are discriminatory towards people without large amounts of cash on hand. The rule states you must have a minimum of $25,000 in your brokerage account in order to be a PDT which allows unlimited day trades with 4X margin.
Otherwise, if your account is under $25k you are stuck with strict rules stating you can only make 3 day trades in 5 rolling business days with normal overnight margin. Another rule favoring the wealthy. Not having $25k on hand does not make you a naive trader or unable to handle some risk. Further, day trades are far less risky than overnight position trades as all major news happens during close where the biggest losers happen from news such as dividend changes, executive changes, earnings, acquisitions. Please sign the linked petition in order to remove this regulation.

https://petitions.whitehouse.gov/petition/remove-pattern-day-trader-regulations

The Decision Makers

Donald J. Trump
Donald J. Trump
Former President of the United States

Supporter Voices

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Petition created on March 30, 2018