SEC Commissioner Peirce poses six questions on 23/5 U.S. equity trading
- —Overnight trading is less than 1% of total NMS stock volume
- —Peirce raised six questions on liquidity and disclosure
- —Broker best-execution duties and retail protection are affected
- —The question is raised whether managers can lawfully refuse overnight trades
Why it matters: Extended trading hours set standards for round-the-clock markets, including tokenized assets and crypto.
Source: ChainCatcher 链捕手
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