Wall Street stock trading set for overhaul

The Securities and Exchange Commission (SEC) has laid out four proposals that chair Gary Gensler says would boost transparency and competition.

NEW YORK: US regulators took the first step toward the most widespread revamp in more than a decade of the way stocks are traded, a move that aims to spur better prices for investors and direct more business to traditional exchanges.

The Securities and Exchange Commission (SEC) has laid out four proposals that chair Gary Gensler says would boost transparency and competition.