While the SEC meddling in industry pricing and other commercial matters is not a new phenomenon, a recent SEC proposal reflects an enhanced willingness by the agency to tightly grip the industry’s ...

The ban would prevent exchanges from offering volume-based pricing schemes to brokers for agency trades, a practice the SEC sees as benefitting larger broker/dealers. The Securities and Exchange ...

Nasdaq has always embraced thoughtful and data-driven insights to improve markets. However, the SEC’s proposal on volume-based pricing is founded on false premise and speculative concerns without data ...

The Securities and Exchange Commission proposed a new rule that would prohibit national securities exchanges from offering volume-based transaction pricing in connection with the execution of agency ...