Janice Mitnick News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Today, the Commission is considering whether to re-propose rules to prohibit a range of market participants that sell or sponsor asset-backed securities (ABS) from taking positions against those very products. I am pleased to support this re-proposed rule as it fulfills Congress&rsquo;s mandate to address conflicts of interests in the securitization market, which contributed to the 2008 financial crisis.</span></p>

<p><span>Today, the Commission will consider a proposal to require a certain segment of the equity market &mdash; marketable orders of individual investors &mdash; to be exposed to competition in fair and open auctions. I am pleased to support this proposal because, if adopted, it would promote competition for the orders of individual investors, to the benefit of these investors and our capital markets as a whole.</span></p>

<p><span>Today, the Commission will consider a proposal to enhance disclosure requirements for order execution quality. I am pleased to support this proposal because, if adopted, it would improve transparency on execution quality and facilitate investors&rsquo; ability to compare brokers, thereby enhancing competition in our markets.</span></p>

<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>

<p><span>Today, the Commission unanimously voted to propose rules and amendments to broaden the scope of short sale-related data available to the investing public and to regulators. I am pleased to support this proposal because, if adopted, it would strengthen transparency of an important area of our markets that would benefit from greater visibility and oversight.</span></p>