Search Results for keywords:"NMS stocks"

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Search Results: keywords:"NMS stocks"

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  • 2024-29630 — MX2 LLC; Notice of Filing of Application, as Amended, for Registration as a National Securities Exchange Under Section 6 of the Securities Exchange Act of 1934
    Type:Notice
    Citation:89 FR 102214
    Reading Time:about 4 minutes

    On September 19, 2024, MX2 LLC applied to the Securities and Exchange Commission (SEC) for registration as a national securities exchange under the Securities Exchange Act of 1934. The company later submitted an amendment to its application on November 29, 2024. MX2 plans to operate an automated electronic trading platform without a physical trading floor, allowing broker-dealer members to trade NMS stocks. The SEC is seeking public comments on MX2's application to determine if it meets the necessary requirements and will decide whether to grant the registration based on these assessments.

    Simple Explanation

    MX2 LLC wants permission to start a new stock trading place online, where people can buy and sell shares using computers instead of going to a real building. The government is asking people to say what they think about this idea to help decide if it's okay.

  • 2025-06173 — Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change To Adopt FINRA Rule 6152 (Disclosure of Order Execution Information for NMS Stocks)
    Type:Notice
    Citation:90 FR 15485
    Reading Time:about 23 minutes

    The Financial Industry Regulatory Authority, Inc. (FINRA) has proposed a new rule, FINRA Rule 6152, requiring its members to submit their order execution reports for NMS stocks to FINRA for centralized publication on their website. This proposal aims to enhance accessibility and transparency of these reports, aligning with amendments to SEC Rule 605 that expand reporting requirements. The centralized publication will help regulators, investors, and others more easily access and compare data on execution quality among different market centers and brokers. The proposal is open for public comment as the Securities and Exchange Commission (SEC) considers its approval.

    Simple Explanation

    FINRA wants to make it easier for everyone to see and compare how well different stockbrokers and places where stocks are bought and sold are doing their jobs. They plan to do this by sharing more information online, so people can understand and choose the best options for trading stocks.