June 26, 2022

The U.S. Securities and Alternate Fee (SEC) is getting ready to suggest massive adjustments to the inventory market that would reshape the way it operates, the Wall Avenue Journal reported on Monday, citing individuals conversant in the matter.

Staffers on the SEC have begun floating plans with market contributors in current weeks, with Chairman Gary Gensler planning to element a number of of the potential adjustments in a speech on Wednesday, the report mentioned.

The SEC didn’t instantly reply to a request for remark from Reuters.

One suggestion by the SEC employees that has gained traction is to require brokerage corporations to have majority of particular person traders’ orders routed into auctions the place buying and selling firms compete to execute them, the WSJ mentioned.

SEC officers are additionally aiming to cut back the utmost charge that exchanges can cost brokers to entry their quotes, the report added.

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