Under the FINRA rule change, which removes day trading margin requirements and replaces them with intraday margin standards, a customer shall not be considered to be making a practice of failing to satisfy an Intraday Margin Deficit (IMD) "as promptly as possible" due to an IMD that does not exceed the lesser of 5% of the equity in the margin account or $1,000.
Are there de minimis Intraday Margin Deficit (IMD) amounts?
Powered by IBot
What trading restrictions are imposed on my account for 90 calendar days after failing to satisfy an Intraday Margin Deficits (IMD)?
What happens if I do not satisfy an Intraday Margin Deficit (IMD)?
Is Intraday Margin Deficit (IMD) determined across all of my accounts?
Is my account still subject to the IMD requirements if the deficit was caused by fraudulent activity?