The U.S. SEC plans to amend broker-dealer rule 15c2-11 to exclude crypto assets from its scope
The U.S. Securities and Exchange Commission today officially proposed amendments to Rule 15c2-11 of the Securities Exchange Act, aiming to clearly limit the scope of this rule to equity securities.
Since its promulgation, this rule has primarily been used to regulate the information collection and review obligations of brokers when publishing quotes in the over-the-counter (OTC) market, with the core purpose of preventing manipulative and fraudulent trading practices in the OTC stock market. SEC Chairman Paul S. Atkins stated that regulatory rules should match the asset classes to which they apply, and this amendment aims to clarify the regulatory obligations for publishing quotes and to specify that Rule 15c2-11 is always applicable only to equity securities.
You may also like

Overnight, the crypto tycoons were severely played by Vanity Fair
Auto Earn Crypto Passive Income: Staking Rewards Up to 8% APR
Start earning crypto passive income with auto earn. Get up to 8% APR on BTC and higher yields on stablecoins. Compare staking rewards and maximize your returns today.

Interview with Hyperliquid Founder Jeff Yan: Crypto and DeFi Are in Our DNA, Never Compromising on Trust

$1 Billion Free Lottery, Kalshi Launches Prediction Challenge

SlowMist: Is it Really Safe to Entrust Your Money to an AI Agent like "Lobster"?

Regulation, Insiderism, and Essence: The Story Behind Kalshi's $20 Billion Valuation

You Have Been Training Google's AI for Free for 15 Years, and You Didn't Even Know
Best AI Crypto Trading Bot? Inside the AI Trading System That Ranked Top 3 on WEEX
Discover the best AI crypto trading bot on WEEX. Learn how AI trading works, how to trade automatically, and why this system stands out among top AI trading apps.

How to Trade Cryptocurrency Without App Store: Instant Browser Crypto Trading on WEEX
Trade crypto instantly without downloading an app. Use WEEX H5 to access spot and futures trading directly in your browser with fast execution, real-time risk control, and seamless experience across mobile, tablet, and desktop. Supports Bitcoin, Ethereum, and more.

From OKX to Bybit, exchanges are changing tires on the highway at high speed

A Brief History and Future of Perpetual Contracts

AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief

IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer

Murata 35% Price Increase Explained: A Capacitor that Gives AI Empire a Cold

MiniMax: A Henan County Youth and His 300 Billion

From Abandoned Project to Sky-High Target, Mastercorp Acquires BVNK for $1.8 Billion

Is Polymarket's Pricing Accurate? I Simulated a Crisis with 200 Agents to Find Out

A Decade of Regulation Finally Clarified, Victory for Crypto-Native Logic
Overnight, the crypto tycoons were severely played by Vanity Fair
Auto Earn Crypto Passive Income: Staking Rewards Up to 8% APR
Start earning crypto passive income with auto earn. Get up to 8% APR on BTC and higher yields on stablecoins. Compare staking rewards and maximize your returns today.