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 ...
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 ...