A Good-Faith Violation (GFV) occurs when a cash account has liquidated stocks that were bought with unsettled funds. After the second GFV occurs, the account can only use settled funds to place an order, which means the buying power takes two business days to be released after every liquidation. After the fifth GFV, the account will be restricted for a 90-day period and be limited to closing trades only. Stay in your lane, people.