As previously covered, FINRA filed the proposed extension for immediate effectiveness. The SEC waived the 30-day operative delay and designated the proposal operative upon filing to prevent interruptions in the pilot (which would otherwise have expired in less than 30 days).
Comments may continue to be submitted to the SEC until November 9, 2021.
- Federal Register: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Extend the Pilot Period Related to FINRA Rule 6121.02 (Market-Wide Circuit Breakers in NMS Stocks)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.