If I'm a non-us citizen (trading from a non-us location) and I want to day trade non-us market, and I've opened a US brokerage story. Would I still be subjected to SEC daytrade regulations of a minumum account go together of $25K and be classified a day trader if I trade 4 or more trades over a 5 time period?
Answers: SEC rules apply to broker/dealers, if you trade using a US Broker/dealer you are subject to the SEC rules and regulations.
All customers using US Broker/dealers would enjoy to follow the rules that dictate policy & procedures to that broker/dealer.
If you going to play in the US, directly or indirectly, you own to play by the rules
Yes. FINRA rules apply to U.S. Broker/Dealers. SEC rules apply to FINRA.
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Answers: SEC rules apply to broker/dealers, if you trade using a US Broker/dealer you are subject to the SEC rules and regulations.
All customers using US Broker/dealers would enjoy to follow the rules that dictate policy & procedures to that broker/dealer.
If you going to play in the US, directly or indirectly, you own to play by the rules
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Yes. FINRA rules apply to U.S. Broker/Dealers. SEC rules apply to FINRA.
Resolved Questions: