If you requested a Pattern Day Trading reset and it was granted, you will not be allowed another reset because Pattern Day Trading regulations allow a broker to remove the PDT designation, one time only.
Please Note
- If you have already requested and received a reset, you will not thereafter have the ability to request further resets.
Accounts that have not yet been migrated to the intraday margin standards are still subject to the Pattern Day Trading (PDT) rules and are not yet subject to Intraday Margin Deficit (IMD) calls. For more information on the FINRA rule change please review the FAQs on IMD.