SEC's stock market reform club locks out retail brokers

Discussion in 'Wall St. News' started by Banjo, Apr 26, 2015.

  1. Banjo

    Banjo

    blakpacman likes this.
  2. d08

    d08

    First it'll be a nickel spread, then a dollar. And they will always blame external sources for any decline in trading volumes. Because when things go bad you blame someone else and when things go well then you take credit.
    What I don't get is, where will they make the money from once retail leaves the market completely. They seem to be hyper-confident that the sheep will keep on trading.
     
    blakpacman likes this.
  3. i960

    i960

    What in god's name would that nickel plan possibly be useful for (besides the obvious)? Sure doesn't seem like something "the people" have been asking for (hint: they've been asking for HFT reform, not messing around with spreads).

    The whole thing is turning into a giant joke. It's yet more wealth transfer from every single avenue and the SEC's in on it.
     
    blakpacman likes this.