Gate News message, April 15 — The U.S. Securities and Exchange Commission (SEC) formally approved FINRA’s proposal to revise Rule 4210 on April 14, effectively abolishing the Pattern Day Trader (PDT) rule that has long restricted retail investors. The new framework eliminates the $25,000 minimum account balance requirement for unlimited intraday trading, replacing it with a risk-based “intraday margin” calculation model that allows investors to trade as long as they maintain sufficient net equity to cover their real-time position risk.
The SEC stated that the elimination of the PDT rule modernizes the regulatory framework, removes unfair restrictions on small investors, and enhances market liquidity. The new rules are expected to take effect within 45 days.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Investments Participates in $134M Funding Round for Stablecoin Development Corporation
Tether Investments participated in a $134 million funding round for Stablecoin Development Corporation, aimed at enhancing stablecoin infrastructure. Global stablecoin circulation has surpassed $300 billion, with Tether's USDT user base reaching 570 million.
GateNews6m ago
Hedge Funds Surge Into Energy Stocks as Iran Conflict Enters Seventh Week
Hedge funds are increasingly investing in energy stocks amid ongoing U.S.-Iran tensions, with long positions rising over 10% since February. Energy stocks have seen a 22% year-to-date surge, driven by rising oil prices, as funds boost their holdings.
GateNews22m ago
BlackRock Transfers 15,101 ETH and 566 BTC to Major CEX, Worth $75.96M
BlackRock recently transferred over $35 million in ETH and $41 million in BTC through its ETFs to a major CEX, totaling nearly $76 million in value.
GateNews37m ago
Bitcoin, Ether ETFs See Nearly $1 Billion in Weekly Inflows
Bitcoin and ether ETFs reclaimed positive territory after recent volatility with combined inflows of $973 million. XRP quietly gained ground, while solana slipped into outflows.
Key Takeaways
Bitcoin ETFs gained $786 million and ether $187 million from April 6–10, led by Blackrock IBIT
Coinpedia45m ago
Bitcoin Rebounds to $74K on U.S.-Iran Framework Deal, But Market Skepticism Remains
Bitcoin's recent rise to mid-$74,000 followed a risk asset rally linked to a U.S.-Iran nuclear framework, but skepticism remains due to flat Treasury yields and unchanged gold prices. The core issue of uranium enrichment persists, and while on-chain data shows BTC's gradual advance, options markets reflect doubts about a sustained breakout. Overall, analysts see the rally as temporary, with macro conditions still tight and potential downside risks.
GateNews1h ago
Bitcoin Miner TeraWulf Raises $900M Through Stock Offering to Build AI Data Centers
TeraWulf reported a $900 million stock offering to finance AI data centers, causing its stock price to drop following the announcement, as per Gate News on April 15.
GateNews2h ago
