SEC Proposes Scrapping Reg NMS Trade

The Securities and Exchange Commission has proposed rescinding Rule 611 of Regulation NMS, the order-protection rule that has anchored US equity-market structure for two decades, in what would be the most consequential rewrite of the framework since it was adopted in 2005. Announced on 11 June 2026, the proposal would also rescind Rule 610(e), the … Read more