Those with the money make the rule so why...

Discussion in 'Chit Chat' started by woodendart, Jan 25, 2010.

  1. did the SEC make it a rule that you need $25,000 to day trade?

    Sure, sure they say it is because it is too risky and that they made this rule to protect the little invester.

    Let us think about it! Do the guys with money really want rules that will make it harder for the smaller less experienced guy to get in and "dump" his money into their pockets? I don't think so! So what is the real problem with having many inexperienced, small bankrolled investers daytrading?

    What would this do to the guys with the money bottom lines?