Scrapping the “best price” Rules

SEC is now proposing to scrap 2005 rules that forced trading platforms to ensure best prices for retail investors. According to BetterMarkets (a non-profit) scrapping these rules will hurt retail investors. Retail investors need to post their comments within 60 days. Following is the link to BetterMarkets pdf https://bettermarkets.org/newsroom/sec-should-not-rescind-rule-that-ensures-investors-receive-best-prices/ Following is the WSJ gift link of the SEC news. Notice that the wording does NOT i