You’re not normally a rule-breaker. But violating the pattern day trader rule is easier to do than you might suppose, especially during a time of high market volatility. Don’t let this happen to you.
The SEC approved FINRA's plan to abolish the $25,000 pattern day trader rule, replacing it with intraday margin standards.
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 ...
The SEC is ending its dotcom crash-era day trading rule, a move that sent Robinhood and Webull shares sharply higher.
Violating the pattern day trading rule can be a costly mistake for active investors. For the uninitiated, it can result in trading restrictions or a locked account. And when that happens, any holdings ...
According to Financial Industry Regulatory Authority (FINRA), a pattern day trader (PDT) is someone who trades at least four times over the course of five business days and their day trading exceeds ...