Washington Shouldn’t Add More Barriers to Investing

It has never been easier for all Americans, regardless of financial means, to participate in the stock market. Due in large part to the prevalence of “commission-free trading” apps, retail investors accounted for nearly one-fifth of U.S. equity trading volume in 2020, double compared to a decade prior. We should all celebrate that more young people and those with modest means have access to trading markets that could help grow their wealth over the long term. Unfortunately, overzealous lawmakers and regulators in Washington, D.C. have put commission-free trading in their crosshairs. If they succeed, it could mean an end to the creative tools that have democratized investing for everyday people – an outcome that would benefit the few over the many.

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