Rules govern the amount of equity people need to hold if their trading activity leads to a tag of "pattern day trader. Major broker-dealers including Fidelity Investments, Charles Schwab and Robinhood ...
The Financial Industry Regulatory Authority (FINRA)’s Board of Governors has approved a major overhaul of its pattern day trading (PDT) rules, marking a critical shift in how active retail trading ...
The Financial Industry Regulatory Authority is preparing a proposal that would significantly lower a threshold for retail investors to engage in frequent trading of equities and options, according to ...
It could get easier for anyone to start day trading soon — but should they? This week, the Financial Industry Regulatory Authority announced that it had voted to change its pattern day-trading rule.
People who buy and sell, or sell and buy, frequently, risk picking up a label that triggers financial requirements many can't meet. Those requirements could get easier to handle if major ...