
FINRA scraps $25K day trading rule, easing access for retail investors

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FINRA has eliminated the $25,000 minimum balance requirement for day trading, replacing it with flexible, risk-based monitoring. This regulatory change lowers barriers for retail investors and is expected to boost trading volumes by up to 40%, benefiting platforms like Robinhood and Schwab. The update coincides with SpaceX's anticipated $80 billion IPO, which brokerages plan to make available to eligible retail investors.

