July 16, 2020
This rule is evidently made to discourage retail trading at a time when access to capital gains have finally, FINALLY been democratized. This rule has no logical justification beyond protecting massive institutional traders from their new competition, at the expense of retail traders and everyday Americans. To do this now, as retail traders have been able to offset some of their losses from pandemic-related causes such as unemployment or loss of business, is abhorrent and ridiculous.