U.S. House Committee on Financial Services
U.S. House Committee on Financial Services
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Solutions in Search of a Problem: Chair Gensler’s Equity Market Structure Reforms (EventID=117468)
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___________________________________
On Thursday, June 27, 2024, at 2:00 p.m. (ET) Subcommittee on Capital Markets Chair Wagner and Ranking Member Sherman will host a hearing entitled, “Solutions in Search of a Problem: Chair Gensler’s Equity Market Structure Reforms."
___________________________________
Witnesses for this one-panel hearing will be:
• Jonathan Brogaard, Professor, David Eccles School of Business at the University of Utah
• Kevin Kennedy, Executive Vice President, Head of North American Market Services, Nasdaq, testifying on behalf of the Equity Markets Association
• Ari Rubenstein, Co-Founder and Chief Executive Officer, Global Trading Systems (GTS)
• Justin Schack, Partner and Head of Market Structure, Rosenblatt Securities
• John Ramsay, Chief Market Policy Officer, IEX
___________________________________
Background
The U.S. equities markets are the deepest, most liquid in the world, facilitating the trading of over 11.9 billion shares each day through exchange markets alone. Over the past 20 years, the U.S. equities markets have changed dramatically, becoming more competitive, efficient, and accessible for everyday American investors. Today, retail trading accounts for between 10 percent to 20 percent of total trading volume, and millions of Americans rely on the U.S. equities markets for their financial security, stability, and retirement.
In 1975, Congress amended the Securities Exchange Act of 1934 (the “Exchange Act”) and directed the U.S. Securities and Exchange Commission (“SEC”) to establish a National Market System (“NMS”), in which all orders to buy or sell securities would interact. Since then, the current structure of U.S. equities markets has been shaped primarily by four significant SEC initiatives. Specifically, those initiatives include: the Order Handling Rules in 1996, Regulation ATS in 1998, Decimalization in 2000, and Regulation National Market System (“Reg NMS”) in 2005.
Subsequently, in December 2022, SEC Chair Gensler proposed four interrelated equity market structure proposals that would overhaul certain aspects of the market. In October 2023, the SEC proposed another equity market structure rule intended to address volume-based pricing. In March 2024, the SEC unanimously adopted amendments to update Rule 605 data disclosures.
Legislative Proposals
• H.R. 5273, to permit a registered investment company to omit certain fees from the calculation of Acquired Fund Fees and Expenses, and for other purposes.
• H.R. 8222, the Regulation Advancement for Capital Enhancement Act of 2024, to automatically approve certain offerings statements filed with the SEC under Regulation A tier 2.
• H.R. 6726, the Responsible Accounting Standards Act of 2023, to require the accounting principles standard-setting body to comply with the Administrative Procedure Act and the Government in the Sunshine Act, to require the head of such body to testify annually before Congress.
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Hearing page: democrats-financialservices.house.gov/events/eventsingle.aspx?EventID=412553
Переглядів: 990

Відео

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Переглядів 3935 днів тому
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Переглядів 83618 днів тому
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Переглядів 1,2 тис.19 днів тому
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Переглядів 2,6 тис.26 днів тому
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Переглядів 520Місяць тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinancialCmte Follow us on Twitter: FSCDems On Wednesday, May 22, 2023, at 10:00 a.m. (ET) Housing and Insurance Subcommittee Chairman Congressman Davidson and Ranking Member Congressman Cleaver will host a hearing entitled, “PHA Ov...
Markup of H.R. 758; H.R. 3161; H.R. 8337; H.R. 8338; H.R. 8339; H.R. 4551... (EventID=117322)Markup of H.R. 758; H.R. 3161; H.R. 8337; H.R. 8338; H.R. 8339; H.R. 4551... (EventID=117322)
Markup of H.R. 758; H.R. 3161; H.R. 8337; H.R. 8338; H.R. 8339; H.R. 4551... (EventID=117322)
Переглядів 830Місяць тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinancialCmte Follow us on Twitter: FSCDems The full Committee will convene to mark up the following measures, in an order to be determined by the Chairman at 10:00 am E.T. on WednThursday, May 16, 2024, and subsequent days if neces...
Oversight of Prudential Regulators (EventID=117304)Oversight of Prudential Regulators (EventID=117304)
Oversight of Prudential Regulators (EventID=117304)
Переглядів 2,1 тис.Місяць тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinancialCmte Follow us on Twitter: FSCDems On Wednesday, May 15, 2024, at 10:00 a.m. (ET) full Committee Chairman McHenry and Ranking Member Waters will host a hearing entitled, “Oversight of Prudential Regulators." Witnesses for t...
Mission Critical: Restoring National Security as the Focus of Defense Production... (EventID=117274)Mission Critical: Restoring National Security as the Focus of Defense Production... (EventID=117274)
Mission Critical: Restoring National Security as the Focus of Defense Production... (EventID=117274)
Переглядів 439Місяць тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinanci... Follow us on Twitter: FSCDems On Wednesday, May 8, 2024, at 2:00 p.m. (ET) Subcommittee on National Security, Illicit Finance, and International Financial Institutions Chair Congressman Luetkemeyer and Ranking Member Cong...
SEC Enforcement: Balancing Deterrence with Due Process (EventID=117259)SEC Enforcement: Balancing Deterrence with Due Process (EventID=117259)
SEC Enforcement: Balancing Deterrence with Due Process (EventID=117259)
Переглядів 1,3 тис.Місяць тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinanci... Follow us on Twitter: FSCDems On Tuesday, May 7, 2024, at 10:00 a.m. (ET) Subcommittee on Capital Markets Chair Wagner and Ranking Member Sherman will host a hearing entitled, “SEC Enforcement: Balancing Deterrence with D...
Merger Policies of the Federal Banking Agencies (EventID=117227)Merger Policies of the Federal Banking Agencies (EventID=117227)
Merger Policies of the Federal Banking Agencies (EventID=117227)
Переглядів 8422 місяці тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinanci... Follow us on Twitter: FSCDems On Wednesday, May 1, 2024, at 10:00 a.m. (ET) Subcommittee on Financial Institutions and Monetary Policy Chair Congressman Barr and Subcommittee Ranking Member Congressman Foster will host a ...
Markup of H.R. 5535; H.R. 802; H.R. 7437; H.R. 7440; H.R. 7428; H.R. 4206... (EventID=117163)Markup of H.R. 5535; H.R. 802; H.R. 7437; H.R. 7440; H.R. 7428; H.R. 4206... (EventID=117163)
Markup of H.R. 5535; H.R. 802; H.R. 7437; H.R. 7440; H.R. 7428; H.R. 4206... (EventID=117163)
Переглядів 8392 місяці тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinancialCmte Follow us on Twitter: FSCDems The full Committee will convene to mark up the following measures, in an order to be determined by the Chairman at 10:00 am E.T. on Wednesday, April 17, 2024, and subsequent days if necess...
Agency Audit: Reviewing CFPB Financial Reporting & Transparency (EventID=117128)Agency Audit: Reviewing CFPB Financial Reporting & Transparency (EventID=117128)
Agency Audit: Reviewing CFPB Financial Reporting & Transparency (EventID=117128)
Переглядів 4412 місяці тому
Connect with the House Financial Services Committee Get the latest news: democrats-financialservices.house.gov/ Follow us on Facebook: HouseFinanci... Follow us on Twitter: FSCDems On Tuesday, April 16, 2024, at 2:00 p.m. (ET) Subcommittee on Financial Institutions and Monetary Policy Chair Congressman Barr and Subcommittee Ranking Member Congressman Foster will host a ...

КОМЕНТАРІ

  • @As_Sulay
    @As_Sulay 14 днів тому

    0:31 🔘 0:38 I’d say that 0:44 -? 5:59 @ 0:45 1: 0:49 I. 1:05 2. 1:17 2:45 😅

  • @timstangle6530
    @timstangle6530 17 днів тому

    Jahaa. Comment not off....5 yrs. Ago. Hahaaaaa ...hahaaaa. This crazy ass , menthol addicted mad dog 20/20 drinking and...aaAND. BEING HAILED. HAILED AS THE WHOLE BLACK RACE IN HAZEL NUT SHELL. POISED. SMART, ELEQUENT, PROFESSIONAL AND A MASTER OF THE ENGLISH LA NGUAGE. HER FAMILIES DISCOVERIES AND CONTRIBUTIONS TO HUMANIFU SPEAK FOR THEMSELVES. GODBLESS THE FRAZZLEDRIP GUZZLERS.

  • @oklahomanorm2278
    @oklahomanorm2278 20 днів тому

    It would have been better if she would have finished elementary school. The BA is sociology is not evident. What a nasty woman, she really hates white men.

  • @paulsaragosa371
    @paulsaragosa371 Місяць тому

    Women's wants both ways

  • @paulsaragosa371
    @paulsaragosa371 Місяць тому

    Play 2 live crews

  • @paulsaragosa371
    @paulsaragosa371 Місяць тому

    Women's are going cherry 🍒 pie sauce bunny hopper it's busty booby women's buts for your 0pp yah u knowledge is thy biggest thing in life s responsibility just popping up the whole ocean and the smooth sailing ⛵️

  • @paulsaragosa371
    @paulsaragosa371 Місяць тому

    Women's love is like the desert 🏜 miss y s women's giants robots 🤖 💙 cucumbers 🥒 💙 ❤️ ♥️ 💖 💔 🥒 💙 sweet dreams ❤️ 💖 corners ❤️ 💙 crazy summer love ❤️ song c and h sugar 💖 ❤️ 💗 💕 💙 love s honey 🍯 bumps 💖 ❤️ 💕 you're ladies humping are always 💖 to the highest level of thy whole world thy entirely women's booty salads booty busted booty boxes 📦

  • @paulsaragosa371
    @paulsaragosa371 Місяць тому

    Popping out women's love ❤️ song by music worldwide 🌐 women's booty prideful women's booty loves ❤️ you doves 🕊 cherry 🍒 pie sauce bunny hopper ❤️ smashing balls deeply into your dreams about your favorite sugar walls

  • @MissPerriwinkle
    @MissPerriwinkle 2 місяці тому

    MAXINE FOR PRESIDENT

  • @MissPerriwinkle
    @MissPerriwinkle 2 місяці тому

    he is ridic....what a pathetic excuse for an official. GET HIM GIRL !

  • @user-fq8kv5wb7z
    @user-fq8kv5wb7z 2 місяці тому

    Now you say everybody can get their reparations but Deonne

  • @garycarbone
    @garycarbone 4 місяці тому

    Heard Maxine Waters speak in person today…….total waste of time

  • @johnburrows5119
    @johnburrows5119 4 місяці тому

    Love Auntie Maxine. )

  • @user-fq8kv5wb7z
    @user-fq8kv5wb7z 5 місяців тому

    No I did not get my COVID relief nor my COVID unemployment but I paid taxes so I'm entitled not just white people.

  • @user-fq8kv5wb7z
    @user-fq8kv5wb7z 5 місяців тому

    No I didn't vote for parson

  • @user-fq8kv5wb7z
    @user-fq8kv5wb7z 5 місяців тому

    Why does Mike parson say he has jurisdiction over st. Louis city where blacks in st . Louis live , not him when no he doesn't have jurisdiction he can't just boss black people around for their money and he is not our law writer.

  • @bradfordbaker506
    @bradfordbaker506 6 місяців тому

    Maxine Walters: The most vile, racist, disguting, lying, crap spewing person ever! Tribunal her now!!! Wake up America!!!

  • @bradfordbaker506
    @bradfordbaker506 6 місяців тому

    How long do we have to listen to this vile, bigoted, racist morally corrupt woman spew crap from her lips!!! Tribunal Maxine now!!! WAKE UP AMERICA!!!

  • @jesserdls
    @jesserdls 7 місяців тому

    She a fail

  • @kenculliton4212
    @kenculliton4212 7 місяців тому

    Watters is just so ignorant

  • @kenculliton4212
    @kenculliton4212 7 місяців тому

    Watters ask the same questions only in a different way how stupid

  • @CharlieLaMonteA321XLR
    @CharlieLaMonteA321XLR 8 місяців тому

    Steve mnuchin and his small appendix attitude

  • @loreneh.4635
    @loreneh.4635 8 місяців тому

    Can't stand this witch.. Reclaming My Time ETC: Dems don't answer either... She's a traitor to White. Americans😡👎😡

  • @JuicyJeff-zd6zj
    @JuicyJeff-zd6zj 11 місяців тому

    You are a racist wainch

  • @JuicyJeff-zd6zj
    @JuicyJeff-zd6zj 11 місяців тому

    Cuz he didn't say Biden

  • @JuicyJeff-zd6zj
    @JuicyJeff-zd6zj 11 місяців тому

    You are unimportant

  • @JuicyJeff-zd6zj
    @JuicyJeff-zd6zj 11 місяців тому

    Ur unimportant is why

  • @JuicyJeff-zd6zj
    @JuicyJeff-zd6zj 11 місяців тому

    Here is the race baiter

  • @richardmcleod1930
    @richardmcleod1930 11 місяців тому

    Maxine Richards seemingly only knows 3 words..........RECLAIMING MY TIME!..................referring Maxine Richards as a "GENTLE LADY" is nothing but a joke! Maxine Richards has a very severe case of "Trump Derangement Syndrome".

  • @Smarrga1
    @Smarrga1 Рік тому

    Maxine Waters takes no prisoners! Gotta love her!

  • @joegoode1782
    @joegoode1782 Рік тому

    mw is a Disgrace to America and all of its legal citizens!

  • @davidrussell4206
    @davidrussell4206 Рік тому

    Let the getto pos stand out to reclaiming yo time

  • @marieannechen9966
    @marieannechen9966 Рік тому

    Here we go with her OBSESSION with the TRUE PRESIDENT TRUMP!!!! Why is she so hateful toward this great president??? What is she trying to hide??? Perhaps money laundering??? Usually when a Demlib accuses President Trump of something, it’s those that accuse who are guilty. Good luck with finding the cleanest so - called politician I’ve ever seen in my 63 years of life!!!!! 🤨🇺🇸

  • @marieannechen9966
    @marieannechen9966 Рік тому

    Waters is beyond annoying!!! WOW!!!! She’s always crying racism yet she’s a racist!!

  • @iam2bacchus
    @iam2bacchus Рік тому

    This so funny, coming from Maxine Waters… when she is corrupt & where it showed that she was taking money from “Inner City Poor Kids” fund & use as her personal money.

  • @divamh10
    @divamh10 Рік тому

    By far the best n funniest

  • @entonybyrd6863
    @entonybyrd6863 Рік тому

    Auntie Maxine is a Stern Woman.

  • @Maybelater444
    @Maybelater444 Рік тому

    He is playing games. Get right to the answer 😂

  • @88888gerald
    @88888gerald Рік тому

    now she wants the press to be believed? thats a joke...

    • @88888gerald
      @88888gerald Рік тому

      she want gossip to be believed...no wonder she gets elected every time..

    • @user-xg9jb3nz9v
      @user-xg9jb3nz9v Рік тому

      Lmaooo at you posting and replying to yourself. What a LOSER 😂😂

  • @Valentinathevamp
    @Valentinathevamp Рік тому

    Just answer the damn question without making up your own question and answer.

  • @dianeashworth2311
    @dianeashworth2311 Рік тому

    So ironic that she’s looking into Mr. Trump’s finances when she herself has been named the crooked person in Congress. Check out her money funneled to her daughter.

  • @dianeashworth2311
    @dianeashworth2311 Рік тому

    Why doesn’t a Congressional Committee look into Mad Max’s financial dealings?

  • @floridashottest2538
    @floridashottest2538 Рік тому

    LOVE YOU MAXIIIIINNNEEEEE✊🏾✊🏾✊🏾✊🏾✊🏾✊🏾

  • @gregorycarlson6632
    @gregorycarlson6632 Рік тому

    The little Wimp’s attempts to kiss Maxine’s ass didn’t exactly go as planned for him, did it?? Welcome to Washington!!😆😂🤣😆

  • @rebekahwhite2939
    @rebekahwhite2939 Рік тому

    I worked as a teacher in New York City for about six years. I also worked as a teacher for about four years in rural Upstate New York. I completed the New York City Teaching Fellowship in New York City from 1999 to 2006 I worked as a full-time teacher in New York City from 1999 to 2006

  • @dorisstaubin4987
    @dorisstaubin4987 Рік тому

    make her retire she is a true ass

  • @haroldlamble5163
    @haroldlamble5163 Рік тому

    Manuchin is just not going to cooperate because when he looks at you all he sees is a black woman. He so much smarter than you and don't deserve a straight answer. He just a crooked SOB on trumps pay roll .

  • @chuckspoke
    @chuckspoke Рік тому

    you didn't get a response because i dont respect you or your request. such a pompeous little ass bastard the sec of treasury. just smug disrespectful respondent.

  • @tubechic71
    @tubechic71 Рік тому

    Appreciamate?

  • @joaniemama111
    @joaniemama111 Рік тому

    EVIL