The Blockchain Association Supports U.S. SEC Rescinding Certain Outdated NMS Rules
The Blockchain Association stated that it has submitted a comment letter to the U.S. Securities and Exchange Commission, supporting its proposal to rescind Rule 611 and Rule 610(e) under Regulation National Market System. The association believes that the relevant rules were based on the 2005 market structure and are no longer able to adapt to the current faster, automated, and interconnected market environment.
