I HATE THE SEC....let's get that out of the way. as some of you know, the PDT rule does not apply to the emini futures. can the sec ever change that? if the sec can't change the rule for futures, why can they change the rules for stocks? and if the sec is going to make these bad rules, why doesn't someone start a new type of market that bypasses the sec rules? if the futures can do it, why couldn't stocks? i know these are newbie type questions.... p.s. take a look at this: "Before trading can begin, however, the Securities and Exchange Commission (SEC) must approve OneChicagoâs customer margin rules. The SEC and the Commodity Futures Trading Commission must also approve the language of the risk disclosure statement that all firms will be required to send to their customers to permit trading in security futures." in this case, the sec does influence the rules of the futures. so why doesn't the sec pdt rule apply to the emini futures? i don't get it.