SEC Proposes Rescission of Regulation NMS Rules 611 and 610(e)
Action Required: Monitor for final rule adoption as it may impact trade execution quality and best execution policies.
The SEC has proposed rescinding Rules 611 and 610(e) of Regulation NMS, which have governed market structure for two decades. While this primarily impacts market makers and broker-dealers, financial advisors should be aware of potential shifts in market liquidity and execution quality that could affect client trade outcomes.
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