You can have 3 violations in a rolling 12-month period with no consequences. If you have a 4th violation in a rolling 12-month period, your account will receive a 90-day restriction. This restriction will not prevent you from trading and is considered a warning.
However, if there is another Good Faith Violation within this 90-day restriction period, your Invest account will be restricted, and only sells and withdrawals will be allowed for a 90-day period. To initiate a sell when your account is restricted you will need to contact an Investment Specialist at 855-525-7634.