View or download a PDF of the letter here.
AFREF submitted a comment opposing the Securities and Exchange Commission’s proposed rule changes that would undermine longstanding “best execution” rules that are designed to give investors access to the best available stock prices no matter where they make their investments. These rules save investors billions of dollars a year and the SEC’s effort to rescind them exposes stock investors to the kinds of unfair, opaque, and conflicted pricing that are widespread in the crypto industry.