11 Apr 2025
📈FINRA Proposes Rule 6152 for Order Execution Report Disclosure
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)
Summary
The SEC announces FINRA's proposed Rule 6152, mandating members to submit order execution information for NMS stocks to FINRA for centralized publication. This initiative aims to improve transparency, allowing investors and market participants better access to execution quality data, promoting informed investment decisions across the financial industry.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed FINRA Rule 6152 requires members to submit order execution reports to FINRA for centralized publication, enhancing transparency and accessibility of execution quality information for investors and market participants, thereby impacting compliance and regulatory requirements for financial firms.