SEC Extends Comment Period For Proposed Reg SCI on Market Integrity

The Securities and Exchange Commission May 20 extended, for an additional 45 days, the comment period for a proposal aimed at minimizing market disruptions.

The proposed SEC Regulation Systems Compliance and Integrity plan, issued March 7, would require exchanges and other market participants to craft and maintain comprehensive programs to ensure that their technology systems can withstand potential market disruptions (46 DER EE-16, 3/8/13). The original comment period would have expired May 24.

In a release, the SEC said it extended the comment period until July 8.

“This extension will allow for 105 days of comment, which ...