Dec. 27, 2022
December 27, 2022 Regulation Best Execution \"Proposed Regulation Best Execution would enhance the existing regulatory framework concerning the duty of best execution by requiring detailed policies and procedures for all broker-dealers and more robust policies and procedures for broker-dealers engaging in certain conflicted transactions with retail customers, as well as related review and documentation requirements\" Based on my understanding of the summary, if this increases transparency and allows the public to have access on how our orders are routed, this would be a good step. Too often retail investors' orders are kept internal or other methods to hide transaction, which benefits the brokers-dealers.