Date: 02/04/2000 9:35 AM Subject: rule 432 regulation I have an IRA account with an online brokerage and they are trying to say that i broke regulation T. Here is my question, I spent most of my money to buy a stock on Jan. 25 (call it stock A) then on Feb. 2 i sold stock A. about a half hour later I spent most of my money again to buy a different stock (stock B) later the same day I sold stock B and then spent most of my money to buy a third stock (stock C). U.S. clearing house is saying that since I bought and sold the same stock in the same day that it is a day trade, even though I did not try to buy it back. There argument is that the money had not yet been swept. Any information from someone would be very helpful and appreciated. I went to Edgars to try and find regulation T but I could not find it. Thank you Shannon Pruett