Volume-Based Pricing Tiers
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What’s Next for the SEC’s Equity Market Structure Proposals in 2024?
Heading into 2024, US broker-dealers are anticipating a decision by the SEC on its four-equity market structure proposals, a set of rules which seek to revamp stock trading for both retail and institutional investors. But an additional proposal to ban volume-based pricing tiers could inject more complexity into the regulatory outlook for 2024.