SEC ready to route retail stock orders to auctions in overhaul: reports - Markets Insider

Gary Gensler will lay out planned potential proposals, which could counter "payment for order flow" for carrying out retail stock orders, reports said.

The Securities and Exchange Commission is getting ready to outline its plan to overhaul how the US stock market operates which could see trading firms compete in auctions to carry out retail stock or… [+2721 chars]

full article...