#USHouseMarketStructureDraft **U.S. House Committee Advances Market Structure Draft Amid Debate**

The House Financial Services Committee has moved forward with a new market structure draft bill aimed at modernizing U.S. equity and capital markets. The proposed legislation seeks to address concerns around transparency, competition, and efficiency in trading, with potential implications for retail investors, institutional players, and market makers.

Key provisions include adjustments to payment-for-order-flow (PFOF) practices, enhanced disclosure requirements for dark pools, and potential reforms to the national market system (NMS). Supporters argue the bill could level the playing field for investors, while critics warn that certain changes may unintentionally reduce liquidity or increase costs for retail traders.

The draft has sparked heated discussions among lawmakers, with further amendments expected before a full House vote. Market participants are closely monitoring the bill’s progress, as its final form could reshape trading dynamics for years to come.

As the debate continues, stakeholders from across the financial industry are weighing in, ensuring that any final legislation will reflect a delicate balance between innovation, investor protection, and market stability.