PDT Rule could be going bye bye

Basically that you don't need $25k in your account to day trade. I believe the proposal is to lower it to $2k.

That should've never been a rule, IMO. If I want to be a complete regard (which I am) and lose all my money (which I do) then I should be allowed to, regardless of how much money I have in my account.

ETA -

quote:

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The Pattern Day Trading (PDT) rule is a regulation established by the Financial Industry Regulatory Authority (FINRA) to manage the risks associated with frequent day trading.

Currently, the rule designates a trader as a "Pattern Day Trader" (PDT) if they execute four or more day trades within a five-business-day period using a margin account, provided these trades constitute more than 6% of their total trading activity during that window.

A day trade is defined as the purchase and sale (or short sale and repurchase) of the same security on the same trading day.

To be classified as a PDT, a trader must maintain a minimum equity of $25,000 in their margin account.
If the account equity falls below this threshold, the trader is prohibited from making further day trades until the balance is restored.

This rule applies specifically to margin accounts, which allow traders to borrow funds from their broker; cash accounts, where only the trader's own funds are used, are exempt from the PDT rule.

The primary purpose of the PDT rule is to protect inexperienced traders from the risks of excessive leverage and potential significant losses.

However, the rule is currently undergoing a significant proposed overhaul. On September 24, 2025, FINRA approved amendments to replace the $25,000 minimum equity requirement with a proposed $2,000 threshold.

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They don't give a damn about the inexperienced trader. They just don't want the wall street bets crew being able to alter their control of price movements.

I think it was a good rule for its time. But now that we’re at a point where it’s legal to outright gamble on any mundane topic or event it’s kind of hypocritical.

I have to wonder how this will change platforms. Will it change margin account.... etc.

Can we also get rid of t + 2