Is the $25,000 pattern day trader rule gone?

What this video covers

The FINRA change that replaced the pattern day trader designation and its $25,000 minimum, with the three dates that matter: SEC approval, the effective date and the broker phase-in deadline.

Sources and the longer explanation: Is the Pattern Day Trader Rule Gone? What Replaced It.

How the visuals were made

In 0:43 the video moves through 6 scenes, including a timeline: Apr 14, 2026 – SEC approves; Jun 4, 2026 – Effective date; Oct 20, 2027 – Phase-in deadline; a checklist, “What it means for you”; a checklist, “Not gone”. All graphics were rendered frame by frame by UXS; no stock footage, logos or faces are used.

Chapters

• 0:00 FINRA rule change: The $25,000 rule? Replaced
• 0:07 Key dates
• 0:20 What it means for you
• 0:26 Not gone
• 0:35 More freedom is not more profit
• 0:39 Risk note

Transcript

The pattern day trader rule and its $25,000 minimum have been replaced at the FINRA rule level.

The SEC approved the change on April 14, 2026. It took effect June 4, 2026, but brokers may phase it in until October 20, 2027.

In its place are new intraday margin standards. So your broker may still apply the old rules for now.

What did not change: regular maintenance margin still applies, brokers can set stricter house rules, and cash accounts still have settlement rules.

And more freedom to day trade does not make it more profitable.

Educational only, not financial advice.