Free Site Registration

Exchanges Request Delay of Naked Access Rule

Traders Magazine Online News, June 21, 2011

James Armstrong

The New York Stock Exchange, Nasdaq, Bats and DirectEdge are asking the Securities and Exchange Commission to delay implementation of the new market access rule until the end of November, arguing more time is needed to develop and implement compliance controls.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?