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.
Investopedia

Pattern Day Trader (PDT): Definition and How It Works

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
NerdWallet

The $25,000 Day Trading Rule Ends June 4

A change is coming to pattern day trading rules that will make it easier for small retail investors to get in the game. Here's what to know. Many, or all, of the products featured on this page are ...
Yahoo Finance

FINRA just killed the $25,000 day-trading rule that kept small investors on the sidelines for 25 years

An early 2000s rule intended to protect small investors from the risks of day trading is no longer. The Pattern Day Trader (PDT) rule was established in 2001 by the Financial Industry Regulatory ...
Traders Magazine

FINRA Approves Overhaul of Pattern Day Trading Rules, Opens Doors for Smaller Investors

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 ...
Seeking Alpha

You no longer need $25,000 to day trade freely

A decades-old requirement that locked smaller investors out of active trading has been replaced with a more modern system, and it takes effect in about 45 days. The Securities and Exchange Commission ...