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Re:What Economists Still Don’t Get About the 2008 Crisis by mi100hael on Monday July 30, 2018 @08:25PM (#17649526)
It's a legal requirement to some extent unless you have a margin account. Funds take two days to settle. If you sell, buy, and sell again within two days, your account can be suspended for violating SEC rules.

https://www.ally.com/do-it-right/investing/what-are-unsettle...

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