📈 Stock Market 17h ago · Ian Cooper

The SEC Just Scrapped the $25,000 Rule That Kept New Traders From Going Into Debt

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The post The SEC Just Scrapped the $25,000 Rule That Kept New Traders From Going Into Debt appeared first on 24/7 Wall St..
Andrew Sather, co-host of The Investing for Beginners Podcast, described the US SEC’s decision to scrap the Pattern Day Trader rule in language no listener could miss. “It’s like, let’s let kids under 18 buy cigarettes. You know, why not?” His co-host Stephen Morris sees it going “horribly wrong” and compares the change to “ta

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