Bipartisan lawmakers raise concerns about SEC best-execution proposals
The agency is targeting so-called payment for order flow, which proponents say allows for low-cost trading but critics say doesn't give customers a good deal on their orders.
Pending SEC proposals meant to help customers get better prices for securities transactions are drawing bipartisan pushback even before they’re released.
The Securities and Exchange Commission next Wednesday will vote to propose several rules that focus on increasing competition for orders. One
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