SEC Proposed Rescission: Trade-Through and Locked/Crossed Markets Rules in Regulation NMS
This in-depth course examines the SEC’s proposal to rescind the Trade-Through Rule (Rule 611) and Locked and Crossed Markets Prohibition (Rule 610(e)) under Regulation NMS. Learn the rationale behind these proposed changes, how evolving technology and market structure have influenced this major policy shift, and what conforming amendments could mean for your compliance strategies. Discover anticipated impacts, benefits, and risks for brokers, exchanges, trading firms, and investors, and see how you can participate in the rulemaking process.
In this course you will learn the following:
* Understand the goals and rationale behind the proposed rescission of Rules 611 and 610(e).
* Describe the historical context and evolution of Regulation NMS and U.S. equity market structure.
* Identify the anticipated impacts on market efficiency, competition, and capital formation.
* Recognize the opportunities for public comment and the importance of stakeholder engagement.
* Explain the potential changes and uncertainties as the rule is not yet final.
NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year. At the end of the one year term, the course will be set to “inactive”.
