The Securities and Alternate Fee’s anticipated modifications to U.S. stock-trading guidelines are prone to immediate fierce opposition from the brokerages and digital market-making corporations that deal with small traders’ orders, analysts and merchants say.
The company is getting ready to suggest main modifications to the inventory market’s plumbing as quickly as this fall, The Wall Avenue Journal reported Monday. SEC Chairman Gary Gensler is anticipated to stipulate a number of the SEC’s plans Wednesday in a speech. The modifications grew out of the frenzied buying and selling in GameStop Corp . and different meme shares in early 2021, which resulted in heavy scrutiny of the dealing with of particular person traders’ trades.