#USHouseMarketStructureDraft The US House Market Structure Draft bill aims to modernize financial regulations by:
- Updating trading rules
- Strengthening investor protections
- Enhancing transparency
Key proposals include:
1. Real-time reporting to a consolidated audit database
2. Extending best-execution obligations to alternative trading systems
3. Reforming tick sizes and fees
4. Regulating high-frequency trading with minimum resting times and "kill switch" requirements
The bill addresses concerns over market fragmentation and flash events, with next steps including:
- Committee debate in June 2025
- Stakeholder feedback
- Phased implementation over 18 months if passed.