https://www.live-feeds.com/feed/robinhood-backs-push-to-scrap-a-market-rule-most-traders-don-t-know-existsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/robinhood-backs-push-to-scrap-a-market-rule-most-traders-don-t-know-existshttps://www.live-feeds.com/feed/robinhood-backs-push-to-scrap-a-market-rule-most-traders-don-t-know-exists#u16617Mon, 29 Jun 2026 01:57:17 +0000Robinhood is urging the SEC to eliminate Rule 611, also known as the Order Protection Rule. This rule prevents markets from skipping the best available stock prices. Experts suggest the move could alter exchange connectivity and best execution practices.What's confirmed:Robinhood is backing a Securities and Exchange Commission proposal to eliminate Rule 611.Rule 611 is a trade-through rule designed to stop the market from skipping the best available stock prices.The SEC and FINRA eliminated the pattern day trader rule.The pattern day trader rule's $25,000 equity requirement was replaced b https://www.live-feeds.com/feed/robinhood-backs-push-to-scrap-a-market-rule-most-traders-don-t-know-existshttps://www.live-feeds.com/feed/robinhood-backs-push-to-scrap-a-market-rule-most-traders-don-t-know-exists#u12036Thu, 25 Jun 2026 00:42:14 +0000Robinhood is backing a Securities and Exchange Commission proposal to eliminate Rule 611. This trade-through rule was designed to prevent the market from skipping the best available stock prices. Supporters argue the change would modernize trading and reduce complexity.What's confirmed:Robinhood supports the SEC proposal to rescind Rule 611.Rule 611 is an order-protection rule that enforces the national best bid and offer.SEC Commissioner Hester Peirce supports eliminating Rule 611, stating markets do not need it.The SEC has proposed the rescission of Regulation NMS trade-through and locked/cr