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Industry groups question justification, cost of SEC trading-execution reforms

SEC reforms

Critics say proposals that target payment for order flow try to do too much, too fast, and conflict with rules in place that are working.

SEC proposals designed to help investors get better prices for their stock trades are getting strong pushback from financial industry groups that argue they’re not needed and would increase costs for investors.

Late last year, the Securities and Exchange Commission proposed four rules that focu

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