WASHINGTON, March 19 -- Securities And Exchange Commission has issued a proposed rule called: Publication or Submission of Quotations Without Specified Information.
The proposed rule was published in the Federal Register on March 19 by Sherry R. Haywood, Assistant Secretary.
Summary: The Securities and Exchange Commission ("Commission") is proposing amendments to revise a rule that governs certain information gathering and review requirements that brokers and dealers must satisfy before initiating (or resuming) any quotation for a security in a quotation medium other than a national securities exchange. The proposed amendments would revise the rule to refer to only equity securities.
For more information, contact James Curley, Special Co...