Robinhood's Customers Walked Away Because Of A 25-Year-Old Trading Rule—And Now It's Finally Gone: 'No Reason To Leave us'

The multi-decade Pattern Day Trader (PDT) rule officially ended on Thursday, June 4, triggering the most significant change to retail trading access in a generation and liberating millions of small-account investors. The Demise Of Wealth Barrier The U.S. Securities and Exchange Commission approved the elimination of the 25-year-old PDT designation and its strict $25,000 minimum equity requirement, replacing it with an intraday risk-based margin framework. Consequently, retail traders with smalle