After Meme Stock Frenzy, SEC About To Change Stock Market’s Rules To Ensure More Transparent Operations

The SEC looks to propose significant changes to the stock market’s mode of operation by this fall, the Wall Street Journal reports.

The SEC initiated its review of the market structure after frenzied trading in GameStop Corp (NYSE: GME) and other meme stocks in early 2021, triggering scrutiny in handling individual investors’ trades.

The SEC weighed creating a more rigid version of the so-called best-execution rule that directs brokers to find the most favorable terms for their customers.

The …

Full story available on Benzinga.com

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