The SEC approved FINRA's plan to abolish the $25,000 pattern day trader rule, replacing it with intraday margin standards.
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.
The SEC is ending its dotcom crash-era day trading rule, a move that sent Robinhood and Webull shares sharply higher.
On April 14, 2026, the Securities and Exchange Commission (SEC) announced its final approval of a transformative rule change ...
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 ...
Robinhood Markets, Inc. HOOD shares are trading higher Wednesday after the U.S. Securities and Exchange Commission approved ...
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