SEC Proposes Rescission of Regulation NMS Rules 611 and 610(e)

What happened

The U.S. Securities and Exchange Commission proposed amendments to rescind Rules 611 and 610(e) of Regulation NMS. The proposal follows two decades of Rule 611, which the SEC said may have unintended consequences that hindered rather than helped the markets. The announcement was made via an official SEC press release. The rule changes aim to revisit the regulatory framework governing the national market system.

Summary written by AI strictly from the sources below

Timeline

1. 14:55
   proposed rescinding Regulation NMS Rules 611 and 610(e)SEC Press Releases

Sources