Regulatory Alerts2026-03-19 | 2026-05401Added
Publication or Submission of Quotations Without Specified Information
The Securities and Exchange Commission proposes amendments to Rule 15c2-11 to restrict its information gathering and review requirements exclusively to equity securities. This change addresses industry concerns regarding the burdens of applying the rule to fixed-income securities by replacing the terms 'security' and 'securities' with 'equity security' as defined in 17 CFR 240.3a11-1. The proposal aims to align the regulation with historical intent while maintaining protections against manipulative trading in over-the-counter equity markets.
Topics
securities
market-abuse
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