Unusual Whales
@unusualwhales
BREAKING: The Financial Industry Regulatory Authority is looking to rework the “pattern day trading” rule that limits investors with less than $25,000 in their margin account from borrowing to trade four or more times in a five-day period. In a proposal being prepared for Finra’s board to eventually vote on, retail investors would need to have only $2,000 in their accounts for such trades.
0 reply
0 recast
4 reactions