One for the US stock traders out there, Bloomberg reports:

  • The U.S. Securities and Exchange Commission is weighing a proposal that would require brokers to tell investors exactly where their stock trades are executed
  • The article says the proposed requirement would give investors more clarity on whether they were getting the best prices for the buy and sell orders … citing three people familiar with the matter.
  • Requiring brokers to report every step in their orders could shed light on whether they were paying a fee or capturing a rebate by directing business to an exchange.

More at Reuters and also the article here at Bloomberg: SEC Said to Weigh Shining Light on Brokers’ Stock Routing