After 2 decades of Rule 611, it is high time that the SEC review its unintended consequences that have hindered the long-term growth of our markets.
I look forward to reviewing public input as we take a careful approach to avoid repeating the same mistakes that brought us here.
TODAY 🚨: The Commission proposed the rescission of Regulation NMS Rules 611 and 610(e).
This proposal would reduce costs for market participants and allow competition, innovation, and other market forces to shape the continued evolution of U.S. equity markets.
