Retail Investors No Longer Need $25,000 to Day Trade

Retail investors can now day trade without maintaining a minimum of $25,000 in their accounts. The SEC approved a FINRA rule change that eliminates the Pattern Day Trader designation and the $25,000 minimum equity requirement. This action removes restrictions that have governed retail day trading for decades. It also eliminates all related day-trading buying power provisions under FINRA Rule 4210. Broker-dealers must now follow new intraday margin standards that require them to monitor and address real-time risk exposure in customer margin accounts.