The US Securities and Exchange Commission ( SEC ) is calling for brokers to disclose more information about how they handle investors ’ orders . The agency has proposed amendments to Rule 1 of the NMS , requiring the sell - ins to provide , upon the request of a customer who places a “ not held ” order , a standardised schedule of disclosures regarding the company ’s handling of that customer ’s orders . The amendment aims to make it easier for investors to make informed decisions about customers with which they do business , and how those brokers deal with their orders .
The US Securities and Exchange Commission (SEC) is calling for brokers to disclose more information about how they handle investors’ orders. The agency has passed amendments to Rule 606 of Regulation NMS, requiring the sell-side to provide, upon the request of a customer who places a “not held” order, a standardised set of disclosures regarding the company’s handling of that customer’s orders. The amendment aims to make it easier for investors to make informed decisions about brokers with which they do business, and how those brokers deal with their orders.