JOURNAL ARTICLE

SEC Approves Plan Removing Day-Trading Limit for Investors.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Goyder, Bernard; Smith, Paige 3 of 3

Abstract

The article focuses on the U.S. Securities and Exchange Commission’s approval of significant changes to the pattern day trading rule, which previously restricted traders with less than $25,000 in margin account equity from making more than four day trades within five days. The Financial Industry Regulatory Authority (FINRA) proposed replacing the fixed equity requirement with new margin standards that require investors to maintain sufficient equity to cover current risks, applying these rules to all investors rather than only small ones. The changes received strong public support and were praised by retail brokerage leaders from Robinhood Markets Inc. and Webull Corp. Shares of both companies rose in premarket trading following the announcement. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:193010205
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