SEC Continue to Delay Ruling on IEX Approval, Reports Say

The SEC will use a "proceeding of disapproval" to get around IEX not agreeing to another delay, according to The Wall Street Journal.

shutterstock-300528803

WSJ, citing people familiar with the matter, says the SEC is looking to push the deadline on the decision to mid-June. The current deadline is Monday, March 21. The Financial Times has reported the SEC is hoping to set the deadline for June 17.

The reason for the delay, which would be the second one since IEX initially filed for approval in September, is due to the regulators wanting hear from more industry participants about changes the exchange has made over the past month regarding how it

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 info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

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