2026-11997NoticeWallet

SEC Grants Itself Timeout From New Trading Rules

Published Date: 6/15/2026

Notice

Summary

The SEC is giving a temporary break to some new stock market rules about pricing and fees while courts review challenges. This pause affects stock exchanges and traders by delaying certain fee caps and pricing rules, helping avoid confusion or extra costs for now. The relief lasts until the court decides, so everyone gets a fair chance to adjust without rushing.

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Minimum Pricing Increment Delay

The SEC delayed implementation of the amended minimum pricing increment (Rules 600(b)(89)(i)(F) and 612 of Regulation NMS) until the first business day of November 2027. National securities exchanges, national securities associations, alternative trading systems, brokers and dealers, primary listing exchanges, and applicable plan processors are temporarily exempt from complying with those rules until that date.

Access Fee Cap Compliance Extension

The SEC extended temporary exemptive relief from compliance with Rule 610(c) of Regulation NMS (the amended access fee caps) until the first business day of November 2027. Trading centers are temporarily exempt from complying with the amended access fee cap requirements through that date.

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Key Dates

Effective Date
Published Date
6/11/2026
6/15/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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