WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that an increased prevalence of zero-commission trading has spurred retail investors to get more involved in stocks, and the Securities and Exchange Commission will prepare a report on trading practices amid recent volatility.
“We really need to look at whether the trading practices are consistent with investor protection and fair and efficient markets,” Yellen told CNBC in a live interview.
(Reporting by David Lawder and Andrea Shalal; Editing by Leslie Adler)