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

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 participation. The decision also removes the “pattern day trader” designation, a classification that flagged any customer who executed four or more day trades within five The post SEC Eliminates $25,000 Pattern Day Trader Rule in Retail Trading Overhaul appeared first on BeInCrypto.