The U.S. Securities and Exchange Commission may soon require brokers to tell clients where and how they’re executing trades, reports Bloomberg.

The outlet adds, “The proposal may address complaints that [trading] decisions are sometimes made against client’s best interests.” Currently, sources say some brokers trade on exchanges offering incentives, rather than on exchanges offering the best prices.

Read more about SEC’s proposal.

Also check out:

Do dark pools distort stock prices?

Are your clients getting the best stock prices?

IIROC continues to focus on seniors, suitability

Originally published on

Add a comment

You must be logged in to comment.

Register on