NYSE Trading Debacle Is Fuel For Gensler's Market-Structure Critics
Also, SEC (again) takes up long-overdue ABS rule inspired by Goldman; Ocasio-Cortez to leave financial services panel
Opponents of the SEC’s new market structure proposal feel like they were handed a gift in the troubled opening yesterday at the NYSE – and they’re seizing on it. The snafu, which led to wild price swings in more than 250 stocks, trading halts, and busted transactions, could very well be a preview of what investors may face if the agency completes its p…
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