On July 18, the Securities Exchange Commission will host an open meeting to discuss various regulatory proposals. Among other agenda items, the meeting will cover whether the SEC should adopt amendments to Rule 3a1-1 and Regulation ATS and new Form ATS-N under the Securities Exchange Act of 1934 related to certain alternative trading systems (ATSs).
The SEC originally proposed creating Form ATS-N in 2015. If adopted, Form ATS-N would require NMS Stock ATSs to publicly disclose detailed information about the operations and activities of a broker-dealer operator and its affiliates. More information about the proposal is available in the November 20, 2015 edition of Corporate & Weekly Financial Digest.
Information about the upcoming open meeting is available here.