
FINRA scraps $25K day trading rule, brokerages eye retail boost

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FINRA has eliminated the $25,000 minimum balance and trade-count limits for pattern day traders, replacing them with real-time risk monitoring. This regulatory change aims to expand access to active trading for retail investors, potentially boosting brokerage revenues through increased trading activity, margin lending, and related services. While brokerage stocks initially reacted positively, some major platforms like Robinhood and Webull remain on track for weekly losses.

