> After 25 years, the Pattern Day Trading (PDT) rule is being eliminated.

The SEC approved the elimination of the $25,000 Pattern Day Trading (PDT) rule on April 14, 2026, ending a 25-year-old regulation, effective June 4, 2026. The rule is replaced by a risk-based "intraday margin" system requiring a minimum $2,000 account balance rather than $25k, with brokerages having up to 18 months to implement the changes.