The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register June 17, 2026. Document 2026-12163. Updated Nov. 9, 2026.
- What it does
The Securities and Exchange Commission ("Commission" or "SEC") is proposing amendments to Regulation NMS ("Regulation NMS") under the Securities Exchange Act of 1934 ("Exchange Act"). The proposed amendments would rescind the trade-through rule for NMS stocks, the provision regarding locking and crossing quotations for NMS stocks, and certain defined terms. The proposed amendments would also make conforming changes to other related provisions.
The Securities and Exchange Commission's summary, as published in the Federal Register.
- What it would change
2 parts of Title 17 of the Code of Federal Regulations:
- Before this
No earlier Federal Register document under regulation identifier 3235-AN50 since Jan. 1, 2025.
- What happens next and when
Comments should be received on or before August 17, 2026.
The agency's dates, word for word.
- Check it yourself
The record as published
| Document number | 2026-12163 |
|---|---|
| Action | Proposed rule. |
| Agencies | Securities and Exchange Commission |
| Published | June 17, 2026 |
| Comments close | Aug. 17, 2026 |
| Regulation identifier (RIN) | 3235-AN50 |
| Significant (marked in the Federal Register) | Yes |
Source: the Federal Register (public domain). The document in the Federal Register