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390 rule professional designation cross-over

Reddit r/options·u/FreeDuty6826·about 1 month ago
#Qh3Aqxvl

Has anyone been flagged at one brokerage as professional for violating the 390 rule and been able to open up a new account at a different brokerage with retail status or did the professional "w" status follow you?…

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Moving brokerages with a pledged asset line balance

Reddit r/investing·u/pupuonu·about 1 month ago
#gZflLliQ
#brokerage#pledged#asset#line#drawn#article

I have a drawn pledged asset line worth \\\~20% of my assets held at a brokerage. The drawn amount is roughly 38% of my PAL capacity. I am looking to transfer that brokerage to IBKR to get cheaper leverage via margin and box spreads.…

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