SEC Proposal to Rescind Key Market-Structure Rules
- The US Securities and Exchange Commission (SEC) proposed rescinding Regulation NMS Rules 611 and 610e.
- Rule 611, known as the Order Protection Rule, is a fundamental part of US equity trading rules.
- The proposal aims to modernize market structure amid evolving trading technology.
- Implications for tokenized securities and automated execution models are possible but not yet finalized.
The SEC’s proposal to rescind these rules is part of a broader effort to update equity market structures in response to technological advancements. This move could affect how tokenized stock trading develops in the United States, although no final decisions have been made.
Market participants should note that while the direction is notable, the impact on tokenized markets will depend on future regulatory actions and public comments. Source
