#USHouseMarketStructureDraft The #USHouseMarketStructureDraft outlines proposed reforms to modernize and improve fairness in the U.S. equity markets. Aimed at increasing transparency and competition, the draft addresses key issues such as order execution, payment for order flow, and access to market data. It seeks to level the playing field between retail and institutional investors while enhancing investor protection. The draft may reshape how trades are routed and executed, challenging current practices dominated by a few large market makers. If implemented, these changes could lead to more efficient pricing, reduced conflicts of interest, and greater confidence in the integrity of U.S. financial markets.