MIL-OSI USA: Statement on Best Execution Proposal | ForeignAffairs.co.nz foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
<p><span>Today, the Commission will consider a proposal to establish a Commission rule setting forth a best execution standard and accompanying framework for broker-dealers. I am pleased to support this proposal because, if adopted, it would help ensure that brokers have policies and procedures in place to uphold one of their most important obligations: to seek best execution when trading securities, whether equities, fixed income, options, crypto security tokens, or other securities.</span></p>
Statement On The Fixed Income Market Structure Advisory Committee, SEC Chairman Jay Clayton, Dec. 21, 2020 Date
21/12/2020
Today, the Division of Trading and Markets released its staff report on the Fixed Income Market Structure Advisory Committee’s work over the past year. I would like to sincerely thank the Committee members and the SEC staff for their hard work and very meaningful contributions to the Commission.
As is evident from each of the annual staff reports on the Committee’s work,[1] the Committee’s esteemed members have made tremendous efforts in advising the Commission on fixed income market structure over the past three years. The Committee has held 11 meetings and made 16 pragmatic, investor-focused recommendations, and its members have participated in countless subcommittee meetings. I sincerely appreciate the Committee’s thoughtful consideration of a broad range of topics, and I am pleased to say that the Commission staff and the Financial Ind