Market Structure
Efficient, transparent, and resilient markets are the foundation of economic growth. SIFMA engages with regulators, policymakers, and market participants to strengthen how markets are designed and function—from trading and clearing to capital formation and private markets.
Across equities, fixed income, and derivatives, we advocate for balanced reforms that enhance liquidity, protect investors, and sustain U.S. leadership in global finance. Our work ensures the capital markets remain deep, competitive, and adaptable to innovation.
Rethinking Trade-Through Prohibitions: Beware of the Market Structure Octopus
Market structure is complicated and interconnected. If you change one rule you have to address multiple other rules. That’s the important message coming out of the SEC Roundtable on the Trade Through Rule.