#USHouseMarketStructureDraft

The U.S. House Market Structure Draft proposes significant reforms aimed at enhancing transparency, competition, and investor protection in equity markets. Key provisions include redefining best execution standards, increasing order transparency, and promoting fair access to market data. The draft also addresses concerns around payment for order flow and seeks to limit practices that may disadvantage retail investors. By introducing measures that prioritize market integrity and efficiency, the draft reflects growing bipartisan interest in modernizing market infrastructure. If enacted, these changes could reshape how trades are routed and executed, especially for retail brokers. Stakeholders, including exchanges, brokers, and investors, are closely monitoring developments, as the draft could bring substantial shifts in how U.S. equity markets operate and are regulated.