In opening remarks at an Investor Advisory Committee meeting, the U.S. Securities and Exchange Commission framed discussions on how artificial intelligence is reshaping the production, dissemination and use of public company disclosures, and on the investor and market structure implications of its proposal to rescind Regulation NMS Rule 611 and the prohibition on locked and crossed quotations. The AI discussion reflects growing use of the technology by retail and institutional investors in investment decisions and operations. Downloads of structured SEC data have increased significantly in recent years, potentially reflecting AI driven analysis at greater scale. The market structure panel will assess how removing the two decade old trade through rule could affect investors and equity markets, informed by comments from broker dealers, trading venues, investors and academics.
2026-09-10U.S. Securities & Exchange Commission
U.S. Securities and Exchange Commission frames advisory discussions on AI disclosure and proposed Rule 611 repeal
The U.S. Securities and Exchange Commission framed advisory committee discussions on AI’s effects on public company disclosures and the proposed repeal of Regulation NMS Rule 611. The committee will consider increased AI use in investment analysis and the investor and market structure consequences of removing the trade through rule and restrictions on locked and crossed quotations.