6 Mar 2025
📈SEC Proposed Collection and Comment Request for Rule 19h-1
Proposed Collection; Comment Request; Extension: Rule 19h-1
Summary
The Securities and Exchange Commission is soliciting comments for the proposed extension of Rule 19h-1, which governs notices and applications by self-regulatory organizations regarding membership and employment of individuals with statutory disqualifications. This rule provides critical information for assessing applications within the public interest and investor protection framework.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content pertains to Rule 19h-1, which affects self-regulatory organizations (SROs) in the securities industry. SROs must comply with information collection requirements to facilitate employment decisions concerning individuals with statutory disqualifications, impacting their ability to engage business in the securities market.