SEC Proposes Scrapping Reg NMS Trade-Through Rule In Move To Ease Market Complexity

The SEC said it proposed rescinding Regulation NMS Rules 611 and 610(e), reopening a debate over whether the US trade-through rule still helps markets or mainly adds complexity.TL;DRThe SEC has proposed rescinding Rule 611, the trade-through rule, and Rule 610(e).The change could reduce legacy equity-market routing complexity if finalized.Tokenized equity and blockchain-based ATS builders may benefit indirectly from a simpler execution framework.The proposal is still open to public comment and i