Trying to figure out the market structure bill’s prognosis
There were no markup hearings this past week on market structure legislation. Lawmakers are still holding their firm positions close to the vest. The question is changing from “will we get a market structure law this year” to “will Congress have enough time to push this bill across the finish line?”
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The narrative
The Senate Banking Committee revealed this week that it would not be holding a markup hearing on its draft market structure legislation, confirming what many had suspected — that lawmakers just did not have enough time to get this bill over the finish line this year.
