On January 9th, the SEC published FINRA's proposed new pattern day trader rule, which finally does away with the $25,000 account minimum and the arbitrary "4 or more day trades make you a PDT".
The public comment period ends Feb 4, and the new rule should (hopefully) be approved 45 days from January 9th, the notice publication date. That should be Monday Feb 23rd 2026, barring any extensions.
Here's the notice publication at the federal register:
https://www.federalregister.gov/documents/2026/01/14/2026-00519/self-regulatory-organizations-financial-industry-regulatory-authority-inc-notice-of-filing-of-a