12 May 2025
📈SEC Rule 19h-1
Submission for OMB Review; Comment Request; Extension: Rule 19h-1
Summary
The Securities and Exchange Commission (SEC) seeks approval for an extension of Rule 19h-1, which governs submissions by self-regulatory organizations regarding memberships involving individuals with statutory disqualifications. The rule ensures that employment in the securities business aligns with public interest and investor protection, highlighting the regulatory framework for SROs.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
This document outlines regulatory procedures related to Rule 19h-1 and its impact on self-regulatory organizations (SROs) in the securities industry. The implications for businesses include compliance requirements regarding employment of individuals with statutory disqualifications, which can affect hiring practices and operational transparency.