US stocks regulator to ‘freshen’ rules to ensure orderly markets | Money

US stocks regulator to ‘freshen’ rules to ensure orderly markets | Money

According to SEC Chair Gary Gensler, most trades are executed by wholesalers which have a price advantage compared to exchanges like Nasdaq or the New York Stock Exchange. — Reuters pic
According to SEC Chair Gary Gensler, most trades are executed by wholesalers which have a price advantage compared to exchanges like Nasdaq or the New York Stock Exchange. — Reuters pic

WASHINGTON, June 10 ― US officials are examining ways to update trading rules, including how assets are priced, to ensure they keep up with current technology, a top securities regulator said yesterday.

The Securities and Exchange Commission (SEC) is undertaking a broad review of equity markets to ensure transparency and protect individual investors amid the rise of Robinhood and other disruptors, said SEC Chair Gary Gensler.

“I believe it’s appropriate to look at ways to freshen up the SEC’s rules to ensure that our equity markets reflect our mission: to maintain fair, orderly, and…

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US stocks regulator to 'freshen' rules to ensure orderly markets | Money

 

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