If the SEC approves FINRA's proposed rule change to the Pattern Day Trader (PDT) rule, it will lead to a significant benefit for US broker-dealers, increased market liquidity, larger trading positions, and better price improvement with less slippage for all market participants.
"I think if they do approve this rule change, it's going to be a big win for US broker dealers and we'll likely see increased liquidity in the market which allows traders to buy and sell larger positions and that means better uh price improvement and less slippage for all market participants."
