The United States Securities and Exchange Commission (SEC) will continue to pursue changes to the definition of “exchange” and alternative trading systems, chairman Gary Gensler told attendees of the US Treasury Market Conference on Sept. 26. https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1720279547350-YAKIHONNES3.jpg
The SEC has been actively working on amendments to broaden the definition of what constitutes an exchange, which would significantly increase the number of trading platforms required to register with the SEC. This move is part of a broader strategy to enhance investor protection and adapt to the increasing electronification of trading practices
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