#USHouseMarketStructureDraft

refers to proposed reforms aimed at modernizing the regulations of the U.S. securities market. The draft, introduced by House lawmakers, seeks to improve transparency, increase competition, and address concerns surrounding payment for order flow (PFOF) and best execution practices. Key provisions may include changes to the National Market System (NMS), adjustments to exchange fee structures, and stricter oversight of wholesale market makers. The proposal has sparked a debate among brokers, exchanges, and retail investors, with supporters claiming it will level the playing field, while critics argue it could increase trading costs.