Wow, this is huge. The SEC has just REMOVED the $25,000 Pattern Day Trader requirement. For those unaware, for the past 25 years, retail traders were forced to have atleast a $25,000 minimum balance in their accounts to make over 4 trades within a 5 day window, which is pretty ridiculous. That restriction is now eliminated. The changes are expected to take effect roughly 45 days after FINRA issues its notice, with brokerages rolling them out gradually over a period of up to 18 months.(Jacob King)