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Repeal the 2001 SEC amendments of Rule 431 and Rule 2520 also known as the "Pattern Daytrader Rule"

Created by J.S. on November 18, 2011

Repeal of the "Pattern Daytrader Rule". To allow private investors with less than $25,000 to realize profits from the stock market without limiting the number of transactions. Currently a private investor with less than $25,000 is limited to 4 trades in 5 days, forcing investors to take risky positions. Small investors lose the opportunity to benefit from personal trading without hiring an expensive and often less experienced broker. The repeal of this rule will allow small investors to make as many trades as they are financially capable of making without limit.

Government & Regulatory Reform
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