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 ...
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 ...
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 ...
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.
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