Robinhood stock jumps as SEC scraps $25K pattern day trader rule

Robinhood Markets (NASDAQ:HOOD) shares rose 6% Wednesday, building on Tuesday’s 10% gain after the Securities and Exchange Commission approved the elimination of restrictive pattern day trader rules.

Webull shares surge as SEC approves overhaul of pattern day-trading rule

Webull (NASDAQ: BULL) shares jumped more than 9% on Wednesday after the U.S. Securities and Exchange Commission approved a major overhaul of the pattern day-trading rule, ending the long-standing ...
BeInCrypto

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.
Zacks Investment Research on MSN

Robinhood, Webull & others poised to gain from SEC move on day trading

The Securities and Exchange Commission’s (“SEC”) approval of FINRA’s plan to eliminate the “pattern day trader” designation marks a meaningful win for retail-focused brokerages and trading platforms.
Crowdfund Insider

SEC Changes Day Trading Rules, Brokerages Shares Rise

In a busy day for the Securities and Exchange Commission (SEC), a significant change impacting smaller investors has been ...

Robinhood, Webull, eToro shares jump after SEC removes day-trading limit

Robinhood Markets (HOOD) stock jumped 7.8%, Webull (BULL) stock climbed 8.9%, and eToro Group (ETOR) stock rose 5.2% in ...
Investopedia

Pattern Day Trader (PDT): Definition and How It Works

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...