The SEC solicited comments on proposed amendments to Rules 600 and 606 of the Regulation National Market System ("Reg. NMS") that would require broker-dealers to (i) disclose categorized information about how institutional orders are handled, and (ii) expand the information that is included in existing retail order disclosures. The proposed amendments also require broker-dealers to make aggregated information with respect to its handling of customers' institutional orders for each calendar quarter available publicly. The request for comments was published in the Federal Register.
Comments on the proposed amendments must be submitted by September 26, 2016.
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