US SEC Chairman proposes review of rules underpinning stock trading

Gary Gensler. (AP) — Gary Gensler. **(AP)**

1 min read . Updated: 09 Jun 2021, 11:03 PM IST Bloomberg

Gary Gensler, the chair of the U.S. Securities and Exchange Commission, said on Wednesday that he asked the agency’s staff to examine a range of issues related to stock trading including so-called best execution requirements

Wall Street’s top regulator is calling for a broad-based review of the rules that underpin trading in the U.S. equities market.

Gary Gensler, the chair of the U.S. Securities and Exchange Commission, said on Wednesday that he asked the agency’s staff to examine a range of issues related to stock trading including so-called best execution requirements. He also said that the stock-trade settlement process could be shortened to the same day.