30 Jun 2025
📈FINRA's Rule 6152 for Enhanced Disclosure of Order Execution
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order Approving a Proposed Rule Change To Adopt FINRA Rule 6152 (Disclosure of Order Execution Information for NMS Stocks)
Summary
The SEC approves FINRA Rule 6152, mandating members submit order execution reports for NMS stocks for centralized publication. This rule aims to increase transparency and access to essential execution quality data for regulators, investors, and other stakeholders, facilitating better analysis and comparison of execution statistics.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed FINRA Rule 6152 requires members to submit order execution reports for NMS stocks for centralized publication, enhancing transparency and compliance for businesses in the financial sector. This impacts reporting entities and may necessitate adjustments in operational procedures.