Regulatory Alerts2018-11-19 | 2018-24423Added
Disclosure of Order Handling Information
The Securities and Exchange Commission adopted final rules amending Regulation NMS to require broker-dealers to provide customer-specific disclosures regarding the routing and execution of not held NMS stock orders upon request. The Commission also updated public quarterly order routing disclosures for held orders and mandated that public order execution reports remain available for three years. These amendments enhance market transparency by expanding disclosure obligations to cover orders of any dollar value and refining definitions related to order handling practices.
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