I'm looking at this:
https://www.finra.org/filing-reporting/regulation-t-filings
Specifically, Regulation T gives an investor a maximum of four business days to pay for securities purchased in a cash or margin account. If payment due exceeds $1,000 and is not received by the end of this time period, the broker-dealer must either liquidate the position or apply for and receive an extension from its designated examining authority, such as FINRA.
Submitted July 23, 2024 at 11:23PM by swampwiz https://ift.tt/l3q9ITj
