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Kiplinger
Kiplinger
Business
Joey Solitro

SEC Sets Sights on Technologies That Encourage Excessive Trading

Someone using a trading app on their phone

The Securities and Exchange Commission (SEC) is seeking public comment on newly proposed rules that require trading platforms, such as Robinhood, to take steps to address conflicts of interest associated with their use of predictive data analytics and other technologies that may influence excessive trading.

The deadline for submitting comments is 60 days after the agency publishes the proposal in the Federal Register.

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