Sun, Apr 26, 2015, 9:06 AM EDT - U.S. Markets closed

SEC's stock market reform club locks out retail brokers

The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail brokerages. The SEC's 17-member Market Structure Advisory Committee includes representatives of fund companies, an exchange, off-exchange trading venues, dealers, and academia, among others. The group,…