Wedbush Welcomes Modernization of Margin Rules for Active Traders

Wedbush Securities has publicly welcomed the recent modernization of U.S. margin rules, saying the changes align with the evolution of markets and technology over the past quarter-century.

The Securities and Exchange Commission and FINRA overhauled the longstanding Pattern Day Trader (PDT) framework on June 4, 2026. Under the new rules, the PDT designation and the $25,000 minimum equity requirement are gone, replaced by a more dynamic risk-based intraday margin system. Broker-dealers can now monitor risk in real time based on actual market exposure, rather than relying on static calculations tied to prior-day account values.

Rob Paset, executive vice president at Wedbush, said the firm has consistently invested in infrastructure and expertise to stay ahead of such changes. “The modernization of the PDT rule reflects how markets and technology have evolved over the past 25 years,” he said in a statement. “Whether it is modernized margin rules, extended trading hours, or prediction markets, our responsibility is to ensure clients have the technology, market access, and support they need, and are positioned to act when opportunity arises.”

Wedbush said it has already implemented the new framework and is actively supporting customers under the revised rules. The firm credited its technology, real-time risk management and client-support setup for a seamless transition. By dropping the fixed equity minimum, the new approach gives active traders more flexibility while preserving risk-management standards intended to support healthy and efficient markets.

The announcement also highlights Wedbush’s broader push into round-the-clock trading. The firm offers 24/5 trading in U.S. equities and 24/7 trading in futures, a response to rising demand for extended global market access.

Founded in 1955, Wedbush provides brokerage, clearing, wealth management, investment banking and capital markets services to individual, institutional and corporate clients. It is one of the largest independent financial services firms in the U.S.