Happy Holidays from the SEC
Boxes and Lines
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Retail Brokers Will Have a Reverse Adverse Reaction to PFOP Rule
A lot of this will depend on how this rule is interpreted, assuming that it's adopted by the SEC over time. And so, yes, I think many of the same constituents that will be very much against the retail order competition proposal would also have significant concerns about the best X rule. But definitely those are the two pieces that will be most heavily debated, I would expect.
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