For an account to receive approval for day trading, a FINRA member

Should not consider the customer's investment objectives

Should not consider the customer's trading experience

Must exercise reasonable diligence that day trading is appropriate for the customer

Must obtain a recent bank account showing the customer has at least $25,000 in net liquidity.

A bank account statement is not required. The customer's investment objectives and trading experience are considered for day trading approval

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Part of the questions for each course

Exam questions in each course