Ok, i had a simple scottrade retail margin account. On friday I bought 120 shares of BSC for 36.63. I wasnt sure if it would go through cause I had bought about 5 other securities that week and i know pattern day trading rules are suppose to kick in for little guys like me. Well It went through, so i was like ok...i guess i didnt make more than 4 trades that week. Then I hear a few minutes ago...2 bucks per share for BSC. Totally screwed the shareholders by selling 11 billion in assets for 200 million. anyway if they can pull that kind of stuff maybe i can too! I checked my account and it seems that BSC was around my 7th trade in 4 business days. (Actually I had about 5 round trades, another one that open and BSC was my 7th) Now i know i've been stopped before from purchasing shares in stocks automatically when i hit that 5th trade with other brokerages. So what happens when a brokerage lets you trade more than you are allowed? Do i have to ask scottrade to reimburse me or the SEC? Please dont post about its my own fault. Seriously, if the pattern day trading rules kicked in, i wouldve been safe from this and those rules were put there for a reason.