Major Change Ahead for Day Traders: Smaller Investors Could Soon Day Trade Without $25K Account Minimum

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. If you wanted to day trade stocks or options in the U.S., you had to abide by the pattern day trader rule, at least until now. That means if you make four or more trades in a margin account within five business days, you're considered a pattern day trader, and you'll have to have at least $25,000 in that account. That could change soon. The Financial Industry Regulatory Authority recently approved amendmen ...