2026-06136Notice

SEC Extends Quiet Trading Rule for Nasdaq Offerings

Published Date: 3/31/2026

Notice

Summary

The SEC is asking for comments on extending Rule 103, which lets certain market makers trade quietly during Nasdaq stock offerings if they tell others first. About 249 companies spend roughly 1 hour and $164 each year to follow this rule. If you’re involved in these stock deals, now’s the time to share your thoughts before June 1, 2026!

No Economic Impacts Identified for this Document

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Key Dates

Published Date
3/31/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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