21 May 2025
💼SEC Rule 6h-1 Compliance and Business Implications
Submission for OMB Review; Comment Request; Extension: Rule 6h-1
Summary
The notice from the SEC outlines a request for approval to extend the information collection under Rule 6h-1, establishing necessary standards for trading security futures products. It emphasizes requirements to prevent price manipulation and coordinate trading halts between markets, thus ensuring fair trading practices. Compliance costs and procedures for comment submissions are also detailed.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content concerns compliance with Rule 6h-1, which mandates standards for trading security futures products, impacting national securities exchanges and associations. Compliance becomes a financial burden, estimated at $4,510 annually, highlighting regulatory costs for businesses engaged in these transactions.