Nasdaq·2026-06-19·via All Articles on Seeking Alpha
Summary
On June 11, the U.S. Securities and Exchange Commission (SEC) released its new proposal regarding the Order Protection Rule, or Rule 611, in Reg NMS.
The SEC said in their proposal that these rules are adding to routing costs and market fragmentation.
In the SEC roundtables, many investors seem to value the way the NBBO protects them from bad trade prices and lets them easily calculate their execution performance.
Pgiam/iStock Unreleased via Getty Images
By Phil Mackintosh, Nasdaq Chief Economist
On June 11, the U.S. Securities and Exchange Commission (SEC) released its new proposal regarding the Order Protection Rule, or Rule 611, in Reg NMS.
