A dot-com crash-era rule protecting small investors from day trading just died — here's the history lesson Wall Street wants you to forget

FINRA is getting rid of the 2001 Pattern Day Trader (PDT) rule and replacing it with new intraday margin requirements. Here’s ...

SEC Reverses Day Trading Rule In Boon For Retail Brokers

The SEC is ending its dotcom crash-era day trading rule, a move that sent Robinhood and Webull shares sharply higher.

SEC Eliminates $25,000 Pattern Day Trader Rule in Retail Trading Overhaul

The SEC approved FINRA's plan to abolish the $25,000 pattern day trader rule, replacing it with intraday margin standards.

End of ‘Pattern Day Trader’ Rule Could Turbocharge Retail Stock Trading

A Securities and Exchange Commission move to axe a decades-old rule aimed at damping risky trades could encourage small investors to get even more active in the U.S. stock market. Retail brokerages su ...
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FINRA replaces pattern day trader rule with intraday margin system

FINRA has approved major changes to its margin rules, removing the 'pattern day trader' designation and $25,000 minimum equity requirement. Effective June 4, 2026, firms will use real-time, risk-based ...