ARTICLE
1 May 2019

FINRA Makes Permanent Two NMS Rules On Market Volatility

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
FINRA proposed to make permanent FINRA Rule 6190 (Compliance with Regulation NMS Plan to Address Extraordinary Market Volatility) and Rule 6121.01
United States Finance and Banking

FINRA proposed to make permanent FINRA Rule 6190 (Compliance with Regulation NMS Plan to Address Extraordinary Market Volatility) and Rule 6121.01 (Resumption of Trading in Securities Subject to the Regulation NMS Plan to Address Extraordinary Market Volatility). FINRA's action is in response to the permanent approval of the Regulation NMS Plan to Address Market Volatility.

FINRA filed the proposal for immediate effectiveness, stating that it is not proposing any substantive changes to the text of these rules.

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.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More