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The SEC's First Regulation Best Interest Action and the Challenges of Regulating By Enforcement

In June 2022, the U.S. Securities and Exchange Commission (SEC) filed its first complaint alleging violations of both the care and compliance obligations of Regulation Best Interest, or Reg BI. In SEC v. Western International...more

The SEC May Soon Propose Changes to Equity Market Structure: What Traders Should Know

On October 14, the Securities and Exchange Commission (SEC) released its report regarding the GameStop event of January 2021. The report does not fault the actions of any market participants. Instead, it outlines the U.S....more

Payment for Order Flow (PFOF) and Gamification: Your Questions Answered [Video]

This podcast details why payment for order flow and gamification are in the news, and how regulators and the industry in general are addressing related issues and concerns. The episode features Brattle Senior Consultant...more

SEC’s Upcoming Report on GameStop and Payment for Order Flow: What to Watch

The Securities and Exchange Commission (SEC) will soon release its report and recommendations regarding the GameStop event last January and related equity market structure issues. In testimony before a Senate committee on...more

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