The SEC approved FINRA's plan to abolish the $25,000 pattern day trader rule, replacing it with intraday margin standards.
The SEC is ending its dotcom crash-era day trading rule, a move that sent Robinhood and Webull shares sharply higher.
Webull (NASDAQ: BULL), an online investment platform, today announced it will support the removal of Pattern Day Trader (PDT) rules as the new regulations take effect, enabling investors to place ...