Traders work on the trading floor at the New York Stock Exchange in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly/File Photoand market maker Citadel Securities on Monday to ask the U.S. Securities and Exchange Commission to withdraw two recently proposed rules aimed at revamping how stocks trade.
The move represents a coordinated industry push back against what are potentially the most impactful proposals in the SEC's biggest attempt to reform stock market rules in nearly 20 years. "We are deeply concerned that the Commission has simultaneously issued multiple far-reaching proposals that would dramatically overhaul current market structure without adequately assessing the cumulative impact on the market or the potential for unintended consequences," the companies said in an SEC comment letter.
The SEC in December proposed requiring nearly all retail stock orders to be sent to auctions, as well as a new standard for brokers to show they get the best possible executions for their clients' orders, along with lower trading increments and access fees on exchanges, and more robust retail order execution disclosures.
No worry hey have Sinema in their corner
Of course they did…
If Wall Street hates it, it must be good.
Mansur yavaş is the best
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Top Wall Street analysts pick these stocks for attractive returnsTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia & Workday. Clickbait to $$$$$ join CNBC prime
Källa: CNBC - 🏆 12. / 72 Läs mer »
These are Wall Street analysts' favorite global stocks for U.S. investorsA weaker dollar and expectations of an economic rebound in China have bolstered global stocks. Rana sugar ka kya hai future
Källa: CNBC - 🏆 12. / 72 Läs mer »
Wall Street Concedes There Is Finally an Alternative to StocksWhy Wall Street is letting go of TINA—the notion that 'there is no alternative' to stocks Obvious. See: earnings last 12 months. Stock Market has never not been risky.
Källa: WSJ - 🏆 98. / 63 Läs mer »