Now, that wealth barrier has been shattered. The SEC no longer looks at how much money is in your pocket, but at how much risk you are taking. The new rule introduces a real-time risk-based margin system: whether you have $500 or $50,000, as long as your risk controls pass, intraday trading is no longer restricted.
# SEC Abolishes Pattern Day Trader Rule: Robinhood & More to Benefit?

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