NYSE, Citadel and Schwab Join Forces to Dump on Gensler's Push for Retail Stock Auctions
Also, Democrats want SEC to finish up climate rule, but it's still likely months away
The question now may be: Who’s left to support SEC Chair Gary Gensler’s controversial plan to send retail stock orders to auctions? In what certainly is big news in the market structure world, the New York Stock Exchange came out against the effort today – an especially notable move because its business would likely benefit. Less surprisingly, but still…
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