“The day-trading rules essentially became somewhat obsolete as the technology evolved,” Cohn said. “Firms were no longer ...
The change is not yet law. As with all FINRA rules, the draft must be filed with the Securities and Exchange Commission. The ...
The Financial Industry Regulatory Authority just approved one of the most significant updates for retail investors since 2001 ...
Regulators are moving to dismantle one of the most controversial barriers for active retail traders — the $25,000 minimum equity rule for pattern day trading.