The SEC on April 14 approved FINRA's proposal to eliminate the $25,000 minimum equity requirement for pattern day traders. This removed one of the most persistent barriers to retail market ...
The Financial Industry Regulatory Authority (FINRA)’s Board of Governors has approved a major overhaul of its pattern day trading (PDT) rules, marking a critical shift in how active retail trading ...
Public feedback "overwhelmingly supported" the plan, which includes the "elimination of the $25,000 minimum equity requirements and definition of pattern day trader," SEC Assistant Secretary Sherry ...
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