SEC Proposes Rescission of Regulation NMS Rules 611 and 610(e)
Summary: The Securities and Exchange Commission today proposed amendments to rescind Rules 611 and 610(e) of Regulation NMS.“After two decades of Rule 611, it is high time that the Commission review its unintended consequences that have hindered — rather than…
Why it matters: This matters if it changes compliance expectations, enforcement posture, or the practical workload for teams that have to translate guidance into controls, evidence, and operating process.
What to watch: Watch for follow-on implementation guidance, regulator clarification, enforcement movement, or changes in how larger organizations operationalize the requirement.