#USHouseMarketStructureDraft

The U.S. House Financial Services Committee recently released a draft proposal aimed at reforming market structure, particularly concerning equities trading. The draft emphasizes increased transparency, competition, and investor protection. Key provisions include enhanced disclosure requirements for trading venues, adjustments to payment for order flow practices, and improved order execution standards. It also proposes encouraging more trading on lit exchanges rather than in dark pools. The draft seeks to modernize outdated rules and ensure fairer access to markets for retail investors. While still under discussion, this proposal reflects growing bipartisan interest in addressing perceived imbalances in the current U.S. market structure.