Industry news
Date: Jun 4, 2026
CFTC Ends Decades-Old ‘Gag Rule’ in Enforcement Settlements
First Read Hits & Takes John Lothian & JLN Staff The long-standing “pattern day trader” (PDT) rule, created in 2001 to limit risky, rapid trading after the dot-com crash, is being eliminated, allowing retail investors to trade stocks and options more freely without maintaining the $25,000 minimum balance previously required for frequent, same-day trades on […]
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