Citadel Securities calls for Dodd-Frank component rollback - Global Trading

Citadel Securities calls for Dodd-Frank component rollback - Global Trading

Citadel Securities has called for more scrutiny around market data fees, arguing that costs are currently “excessive”. The company states that market data fees, which make up a large proportion of exchanges’ revenues, are inflated. This increases the barrier to entry for smaller broker-dealers, increases costs for investors and ultimately misaligns with fairness requirements in the Exchange Act, it says. Under the Exchange Act, modified by the D…