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