Andrew DeLoach

Views are my own and never investment advice

[Andrew DeLoach @AndrewDeLoach]

@compound248 I wouldn’t post my take under price either

[Larry Tabb @ltabb]

Pattern Day Trading Rule is officially toast.

@SECGov approved elimination of the PDT rule proposed by @FINRA Once it hits federal register this should become law & allow folks with <$25k to trade more than 4x in 5 days. Moving towards better margining.
https://t.co/rqmJzI0pv3

[Andrew DeLoach @AndrewDeLoach]

SEC Section 31 Fees are going to $20.60/$1m of covered sales on April 4th

https://t.co/W1lBUiUAUX

[Andrew DeLoach @AndrewDeLoach]

@compound248 the "List" functionality on here is incredibly underutilized

[TABB Group @TABBGroup]

UTP Plan Participants Propose Extended Global Trading Hours https://t.co/h8PIQKgg3t

[Andrew DeLoach @AndrewDeLoach]

Caroline Crenshaw to depart SEC

https://t.co/0ZUPRE84YC

[Joe Saluzzi @JoeSaluzzi]

Reg NMS Rule 611 has some serious flaws but removing it will not increase investor confidence and it will not fix the major structural issues that exist today in the US equity market. Read our SEC comment letter here:

https://t.co/yQAEkPp5Cb

[Andrew DeLoach @AndrewDeLoach]

@ltabb Right so $NFLX has Round Lot = 10 but is doing a 10:1 split. AFAIK the round lot won't update to 100 until May.

[Andrew DeLoach @AndrewDeLoach]

So will $NFLX have Round Lot = 10 while trading in the $100's for the next 6 months?

@ltabb @GuFinProf

[James J. Angel @GuFinProf]

@SECGov wins one in court: The DC Circuit upholds the price controls on exchange fees. @ltabb @aosipovich @NasdaqExchange @nyse https://t.co/mQLlVjUNRp

[Andrew DeLoach @AndrewDeLoach]

@GuFinProf @SEC_Enforcement @ltabb @TripleDTrader @aosipovich Check this out from @ProfAnalytics

https://t.co/MJ1YDUigOw

[Andrew DeLoach @AndrewDeLoach]

@ltabb OTC?

[Andrew DeLoach @AndrewDeLoach]

This @Nasdaq pricing announcement is literally retroactive. If exchanges want tiers/rebates to incentivize behavior, they would announce them in time for participants to prepare. So what's this for?

[Andrew DeLoach @AndrewDeLoach]

@ltabb Instead of 23x5, we should have four-4 hour sessions with 2-hour breaks between. Still accommodates international, allows for more auctions, fewer logistical headaches... who says no?

[Andrew DeLoach @AndrewDeLoach]

https://t.co/hB2RRiLhgh

[Andrew DeLoach @AndrewDeLoach]

@JoeSaluzzi A few others ideas:
- Improve LULDs (2x the bands each halt, 3 halts max per day)
- Strengthen listing requirements (& require min public float for trading... halt when under)
- Include essential data in the SIP feeds (adj. closing price, imbal info, float/outstanding)

[Joe Saluzzi @JoeSaluzzi]

An Open Letter to the New SEC Chairman: Five recommendations on how to improve equity market structure https://t.co/awJZgxin1L

[Andrew DeLoach @AndrewDeLoach]

https://t.co/jKp06Xkfgr

[Reuters Business @ReutersBiz]

DTCC plans to offer 24-hour equities clearing in Q2 2026 https://t.co/T1lMVcZPdo

[Joe Saluzzi @JoeSaluzzi]

Hollow-Core Fiber Wars: The Stock Market's Arms Merchants Battle Over Nanoseconds https://t.co/DezBZ51HwS