SEC, FIF Seek End to Rule 606 Compliance Confusion

At an SEC meeting Thursday, September 12, the regulator and association attempted to clarify the correct interpretations of guidance surrounding the new rule.

right path

A meeting between the Securities and Exchange Commission and industry body the Financial Information Forum on Thursday, September 12 to finalize details of how brokers can comply with the trade routing transparency requirements of SEC Rule 606, ended in confusion as the regulator and industry disagreed over interpretations of some aspects of the rule, and which approach would ultimately deliver most transparency for investors.

Rule 606, which aims to eliminate any conflicts of interest when

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: