SEC Alert! Under the proposed rules, any market participant that engages in activities as described in the rules would be a “dealer” or “government securities dealer” and become members of a self-regulatory organization (SRO)
SEC Alert! Under the proposed rules, any market participant that engages in activities as described in the rules would be a “dealer” or “government securities dealer” and become members of a self-regulatory organization (SRO), and comply with federal securities laws and regulatory obligations.
"Further, requiring all firms that regularly make markets, or otherwise perform important liquidity-providing roles, to register as dealers or government securities dealers also could help level the playing field among firms and enhance the resiliency of our markets.”
-Gary Gensler
