Scrapping the “best price” Rules

Investor summaryNeutral

SEC proposes scrapping 2005 best price rules; BetterMarkets warns this will hurt retail investors.

Bear points

Scrapping the 2005 best price rules will hurt retail investors.

Post body

SEC is now proposing to scrap 2005 rules that forced trading platforms to ensure best prices for

retail investors.

According to BetterMarkets (a non-profit) scrapping these rules will hurt retail investors. Retail investors need to post their comments within 60 days.

Following is the link to BetterMarkets pdf

https://bettermarkets.org/newsroom/sec-should-not-rescind-rule-that-ensures-investors-receive-best-prices/

Following is the WSJ gift link of the SEC news. Notice that the wording does NOT indicate how these rules will hurt retail investors.

https://www.wsj.com/finance/regulation/sec-seeks-to-scrap-best-price-rule-c05b4d83?st=gcPbUZ

Discussion · top comments

No comment snapshot fetched for this post yet.

View original post & all comments on Reddit ↗