# Сопутствующие статьи по теме Rule 611

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Rule 611", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

SEC Market Structure Proposal Draws Attention From Tokenized Stock Advocates

The SEC has proposed eliminating two key equity market structure rules, Regulation NMS Rules 611 and 610(e), which govern order routing and the display of quotes. While the proposal is aimed at simplifying traditional markets and reducing costs, it has drawn attention from advocates for tokenized stocks. The reason is that current rules, which require checking the best prices across venues, are difficult to reconcile with on-chain trading models like automated market makers (AMMs). A more flexible structure could theoretically make it easier to design compliant blockchain-based systems for trading tokenized equities. However, the proposal is not specifically about crypto, and tokenized stocks would still need to meet numerous other securities regulations. The change is now open for public comment and faces a lengthy process before any final adoption.

bitcoinistВчера 22:06

SEC Market Structure Proposal Draws Attention From Tokenized Stock Advocates

bitcoinistВчера 22:06

The U.S. SEC Wants to Dismantle a 2005 Rule, What Tokenized Stocks Are Seeing

The U.S. SEC has proposed rescinding two key rules, Rule 611 (the trade-through rule) and Rule 610(e) (restrictions on locked and crossed quotations), from the 2005 Regulation NMS. The move aims to modernize equity market structure by reducing regulatory complexity and granting trading venues and brokers more flexibility in order routing, quote display, and trade execution. The SEC argues that the highly automated, fragmented, and competitive modern market, with trends like 24/7 trading and the potential use of distributed ledger technology for tokenized securities, has diminished the necessity of these rules, which were designed to protect the best displayed prices. Their removal could lower compliance costs (estimated at $54.2-$77 million annually) and may create space for innovative trading mechanisms, including those relevant to tokenized stocks, such as smart contracts and AMMs. However, the proposal is still in the public comment phase and does not address other core challenges for tokenized securities, like custody or registration.

Foresight News2 дня назад 09:34