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 indicate how these rules will hurt retail investors.
https://www.wsj.com/finance/regulation/sec-seeks-to-scrap-best-price-rule-c05b4d83?st=gcPbUZ
