Day trading is about to get a lot easier for beginners. Things could get ugly.
1. Finra may remove $25,000 day-trading rule, boosting retail trading access. 2. Expert views this as significant for equity market structure and volatility. 3. Increased trading may harm inexperienced investors lacking risk management skills. 4. Removal of the rule could lead to spikes in market volatility. 5. Brokerages are incentivized to encourage more active day trading.