#USHouseMarketStructureDraft The #USHouseMarketStructureDraft outlines proposed reforms aimed at improving transparency, efficiency, and competitiveness in the U.S. equities market. Key elements include changes to order execution rules, increased competition among trading venues, and enhanced investor protections. The draft suggests adjustments to the national best bid and offer (NBBO) system, encouraging better price discovery. It also explores greater oversight of payment for order flow (PFOF) practices and alternative trading systems (ATS). These reforms aim to level the playing field for retail and institutional investors alike. If adopted, the structure could reshape market dynamics and foster a more transparent and fair trading environment.