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6/9, 7:07 PM (Source: TeleTrader)
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SEC reviewing possible changes to stock markets

The Securities and Exchange Commission is reviewing possible changes to how stocks are priced and traded, according to remarks made by Chairman Gary Gensler on Wednesday.

"I’ve asked staff to make recommendations for the Commission’s consideration on best execution, Regulation NMS, payment-for-order flow, minimum pricing increments, and the National Best Bid and Offer, with the aim of continuing to make our markets as efficient as possible," Gensler said at the Piper Sandler Global Exchange and FinTech Conference.

Earlier this week, it was reported that Gensler's concern over the volatility surrounding meme stocks might lead to new rules for trading apps like Robinhood.

Breaking the News / JC