Shares of Robinhood jump after SEC says it will end limits on day-trading for retail investors

Robin Hood shares surging 25% so far this week, ticking higher again today off the back of a few big catalysts. So, first, the SEC just killed the pattern day trader rule. That's the $25,000 minimum that's been in place since 2001 to limit how often smaller accounts could day trade.Now, it's gone and that is a huge tailwind for Robin Hood. The company built its brand on really democratizing markets for smaller investors. And now, a major barrier to active trading just disappeared.It also comes as crypto is ...