Market Structure Follow-Up: Auctions Prove (Highly) Contentious at SEC Meeting

Also, agency toughens stock trading rules for top executives

It was a marathon  – roughly five hours – but overall it was a less contentious SEC meeting than many expected. There even was some unanimity, as Chair Gary Gensler won two 5-0 votes on his market plan. The Republicans on the commission supported issuing a proposal on revising disclosures about trade execution quality and another for capping exchange fe…