# 2025-00664: Submission for OMB Review; Comment Request; Extension: Rule 606 of Regulation NMS

2025-00664, Submission for OMB Review; Comment Request; Extension: Rule 606 of Regulation NMS, is a Federal Register notice from an unnamed agency published 2025-01-15, effective Public comment period on the OMB information-collection extension through February 18, 2025.; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-00664
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-00664
- Title: Submission for OMB Review; Comment Request; Extension: Rule 606 of Regulation NMS
- Type: Notice
- Agencies: unknown
- Citation: unknown
- Published: 2025-01-15
- Effective: Public comment period on the OMB information-collection extension through February 18, 2025.
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## Summary

The SEC is asking to keep Rule 606 alive, which makes brokers share easy-to-understand reports about how they handle your stock and options orders. This rule affects thousands of brokers and helps customers see where their orders go. No big changes or extra costs are coming, just a smooth extension to keep things transparent through 2025.

## Effects PRIA read

- Keeps investor order-routing transparency: benefit, low. Rule 606 keeps requiring brokers to publish a quarterly aggregated public report on handling held orders in NMS stocks and options under $50,000, and to provide customer-specific routing or handling reports on request covering the prior six months (Rule 606(a)(1), 606(b)(1), and 606(b)(3)). The SEC…
- Compliance burden on broker-dealers and clearing brokers: cost, medium. The SEC estimates the Rule 606 annual industry-wide time burden is approximately 183,000 hours and the total annual cost burden is approximately $1,300,000. The filing breaks this down (for example: 44,400 hours for Rule 606(a)(1); 71,600 hours for Rule 606(b)(1) across 179 clearing brokers; and 67…

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## Sources
- [2025-00664 on federalregister.gov](https://www.federalregister.gov/documents/2025/01/15/2025-00664/submission-for-omb-review-comment-request-extension-rule-606-of-regulation-nms)
- [2025-00664 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-01-15/pdf/2025-00664.pdf)

## Related
- [Previous: 2025-00662, Agency Information Collection Activities; Comment Request; Nonmonetary Determin…](https://policyrisk.com/federal-register/2025-00662)
- [Next: 2025-00665, Proposed Collection; Comment Request; Extension: Form 11-K](https://policyrisk.com/federal-register/2025-00665)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-00664 (as of 2026-06-08).
