Securities Law Updates | New Statutes, Regulations and Rules
April 29, 2010
SEC Proposes New Measures to Protect Investors in Options Markets
Proposed SEC Rule on the Options Market
No. 2010-56, 4/14/2010
The Securities and Exchange Commission (“SEC,” or “Commission”) has proposed to put in place two investor protection measures in options markets that currently exist in stock markets.
The SEC’s proposal would prohibit an options exchange from unfairly impeding access to displayed quotations, and would limit the fees that an options exchange can charge investors and others wishing to access a quote on an exchange.
“This rule is designed to increase transparency in the markets and promote greater fairness and efficiency,” said SEC Chairman Mary L. Schapiro. “It is important that investors have the ability to access the best prices available regardless…
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