PDT rule will not be removed on February 28th, instead SEC wants to consider it until March 14th now.

Last year news said that FINDRA proposed to abolish the PDT rule. PDT rule means you have to have at least $25000 to daytrade when you have been flagged as violating the PDT rule.

Several weeks ago news said that the proposal will be determined by SEC by Feb. 28th since the proceedings have to end within 45 days of proposal.

According to the [old document](https://www.federalregister.gov/documents/2026/01/14/2026-00519/self-regulatory-organizations-financial-industry-regulatory-authority-inc-notice-of-filing-of-a) the PDT rule would be removed by February 28th.

However the document has been updated, extending the deadline to March 14th.

The [new document](https://www.federalregister.gov/documents/2026/02/02/2026-02003/self-regulatory-organizations-financial-industry-regulatory-authority-inc-notice-of-designation-of-a) says SEC needs more time for a careful consideration.