From what you've written, it seems most people are in the same house.
Since by your own admission you don't even know what the rule is, why are you immediately assuming you have any grounds to sue and that it's just arbitrarily set by TDAm?
It sounds like you're too big and a margin call candidate so they have every right to make sure YOU do not become THEIR liability. You could have approached the problem several different ways but it's still your responsibility to keep your Sh--iit together and decide a course of action that would have made your broker happy.
It may sound rough, but ignorance on your part is not their problem and frankly given what i have seen in my life if you haven't figured this out yet then you're just a walking time-bomb anyway so the end result of many paths will be the same.
But there i go again, talking people down from the ledge.
Anyway good luck. Keep your size down.
Jon Najarian said he sold his BABA shares near the open. He probably got in at the IPO price of 68 and sold close to 99. Nice profit if you are part of the inner circle. With all of this extra money going into the market, is there any money left for buyers to continue buying stocks at higher prices?
great company too, wait for soros or buffett or some big whale to step in before buying this load of shares.
It was a "house" rule. I had no idea of the rule and they did not inform me about it . I am still not sure exactly what the rule is since it is not written anywhere but they said if uvxy moves up by 60% my account would go negative.