sunman707 1 posts msg #162139 - Ignore sunman707 |
5/15/2026 9:03:36 AM
Thanks for that info! I can't believe that I am just learning about this massive change.
Charles Schwab says,
"Starting June 8, Schwab plans to stop counting day trades and will no longer restrict accounts that would have previously been flagged as pattern day traders. Additionally, Schwab will not open any new pattern day trader accounts as of this date."
https://www.schwab.com/learn/story/sec-approves-scrapping-25000-day-trader-minimum
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