Just in: U.S. Securities and Exchange Commission officially approves ending the pattern day trader rule, eliminating the $25,000 minimum for day trading.

Apr 14, 2026, 7:14:06 PM UTC(2 days ago)
Impact: Medium

Affected Assets

  • Just in: U.S. Securities and Exchange Commission officially approves ending the pattern day trader rule, eliminating the $25,000 minimum for day trading.
  • The SEC has approved the elimination of the pattern day trader rule, removing the $25,000 minimum equity requirement for day trading.
  • Previously, a pattern day trader was defined as someone executing four or more day trades within five business days, with those trades representing more than 6% of total trades.
  • The rule change eliminates the pattern day trader designation and applies standard maintenance margin to intraday exposure.
  • This change opens the door for smaller investors to engage in day trading.

Sources

JUST IN: 🇺🇸 SEC officially approves ending Pattern Day Trader rule, eliminating the $25,000 minimum for day trading.
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