Yellen says SEC will prepare report on retail trading volatility

Posted on
FILE PHOTO: Former Federal Reserve Chairman Janet Yellen speaks in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Berry

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that an increased prevalence of zero-commission trading has spurred retail investors to get more involved in stocks, and the Securities and Exchange Commission will prepare a report on trading practices amid recent volatility.

โ€œWe really need to look at whether the trading practices are consistent with investor protection and fair and efficient markets,โ€ Yellen told CNBC in a live interview.

Source: Read Full Article

Markets