A dot-com crash-era rule protecting small investors from day trading just died — here's the history lesson Wall Street wants you to forget

FINRA is getting rid of the 2001 Pattern Day Trader (PDT) rule and replacing it with new intraday margin requirements. Here’s what it means for day traders and brokerage firms.
Investment U

How the Pattern Day Trading Rule Affects Investors

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 ...

The PDT Rule Is On Its Way Out: 5 Stocks That Stand to Benefit the Most

The SEC officially eliminated the $25,000 PDT rule, replacing it with a modern intraday margin framework that allows accounts as small as $2,000 to day trade.
Traders Magazine

IG Disagrees With Pattern Day Trading Rules

IG North America, an online derivatives trading provider, is working with the US regulators to modify rules around pattern day trading, according to CEO JJ Kinahan. JJ Kinahan “We’re working with the ...
Benzinga.com

Beginners Guide to the Pattern Day Trading Rule

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 ...