The SEC granted accelerated approval to FINRA's rule change eliminating the Pattern Day Trader designation, the $25,000 minimum equity requirement, and related day‑trading buying power provisions under FINRA Rule 4210. The SEC also approved new intraday margin standards requiring broker‑dealers to monitor and address real‑time risk exposure in customer margin accounts, altering day‑trading accessibility and compliance frameworks for retail investors.

SEC approved removal of the Pattern Day Trader designation and the $25,000 minimum, which increases day‑trading accessibility; concurrently approved intraday margin standards that change broker‑dealer monitoring and compliance requirements.