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Securities and Exchange Commission
U.S. Federal Government (Executive)
Rule

The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS

Comment period closed

The comment period closed Aug 17, 2026.

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

Summary from the Federal Register.

Full history

  1. Jun 17, 2026

    Rule published

    The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS

    Securities and Exchange Commission

About this record

Source

From the Federal Register. This record was last updated Sep 24, 2026. About our data

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What it is

A rule from Securities and Exchange Commission. Agora lists the comment window as the Federal Register gives it.

Dates

Dates are in Eastern time.

This record shows the rule as proposed. A final rule, if any, is a separate Federal Register document.

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Agora assembled this page from the Federal Register. The title and summary are the agency's, as the Federal Register prints them.