US SEC significantly changes stock trading rules

The U.S. Securities and Exchange Commission is moving forward with changes to the structure of the U.S. stock market, aimed at enhancing transparency and fairness while increasing competition for investors’ stock orders individual.

Archyde.com has the summary:

  • Proposals include a requirement to send tradeable retail stock orders to auction before they are executed, a new standard for brokers to show they are getting the best possible executions for client orders, and trading increments and lower exchange access fees, the SEC said.

These are not illusory tricks, these are massive changes that are proposed. it is worth looking at the article at the link.

SEC Chairman Gensler

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