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Can someone please explain Regulation T to me? E*Trade always threatens me with it, but, I have never had a 90-day trade restriction placed on my account. What are the details of this regulation and when does it apply? I tried looking at it on the fed site, but it was alot of gibberish.

Shaun McDonnell
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Hi Shaun!

I'm kinda surprised you didn't think of Googling this,... especially since Google has become so ubiquitous today and has just about everything to be said, or learned, on any subject which a person wants to know about.

See below.




Regulation T
The Federal Reserve Board regulation that governs customer cash accounts and the amount of credit that brokerage firms and dealers may extend to customers for the purchase of securities.

http://www.investopedia.com/terms/r/regulationt.asp
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