Svmuu News The U.S. Securities and Exchange Commission (SEC) proposed an amendment to Exchange Act Rule 15c2-11 on March 16. This rule imposes information gathering and review requirements on broker-dealers who publish quotes or maintain continuous quotation markets in the over-the-counter market. The proposed amendment explicitly limits the scope of Rule 15c2-11 to equity securities. SEC Chairman Paul S. Atkins stated that regulations should be appropriately tailored to the asset classes they apply to, and this proposal aims to clarify regulatory obligations when publishing quotes. The proposal has been published on the SEC's official website, with a public comment period of 60 days from the date of publication in the Federal Register.