SEC Seeks to Extend Stock Quote Information Collection
Published Date: 12/23/2025
Notice
Summary
The SEC wants to keep collecting info from stock exchanges and market makers about the best prices and sizes for stocks, so everyone gets the latest and greatest quotes. This rule affects about 30 groups and helps keep the stock market fair and transparent. They’re asking for your thoughts before extending this info collection, with no new costs or big changes planned.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Continued Public Quote Dissemination
You will continue to receive the best bid, best offer, and aggregate quotation size for covered stocks because national securities exchanges and the national securities association must make that information available to quotation vendors for public dissemination. The SEC estimates 30 respondents (29 exchanges and one association) will respond about 1,543,667,886,538 times per year at 16.20 microseconds per response, totaling about 208,410 hours annually. The SEC is soliciting comments on this extension with written comments due by February 23, 2026.
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Key Dates
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