In the Media

Prof. Haoxiang Zhu speaks with Bloomberg reporters Jayna Rohslau and Katherine Doherty about a proposal by U.S. regulators "to rework the pattern day trading rule.” “Today, trading is often commission-free, although not in all securities, and there’s less concern about excessive commission cost,” explains Zhu. “For this reason, I think a moderate reduction in the minimum margin for pattern day trading is fine, in particular if the reduction applies to securities for which trading is now commission-free.”