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FTDS - Fixing The National Market System: More Regulation Is Not The Answer
FIRST TRUST EXCH
The SEC proposes to seek solutions to the many problems of our National Market System (NMS) for securities trading, problems such as payments for order flow (PFOF).
The NMS problems identified by the SEC do not exist in financial futures markets.
Here are adjustments to the financial futures market structure that could adapt it to spot markets, solving the NMS problems at no cost to taxpayers.