Silver and gold futures declined sharply after the CME increased margin requirements due to market volatility, following a year of significant price surges driven by supply constraints and industrial demand for silver, and geopolitical fears for gold.
US regulators, through Finra, are proposing to relax day-trading rules by lowering the minimum account balance from $25,000 to $2,000 for retail investors, potentially eliminating the three-trade limit and allowing brokerages to set their own margin requirements, in response to market changes and reduced trading costs.
US regulators are considering relaxing the pattern day trading rule, which currently restricts investors with less than $25,000 in their accounts from frequent trading, by lowering the minimum to $2,000 and allowing brokerages to set their own margin thresholds, aiming to increase retail market participation amid evolving trading practices and technological advancements.