The SEC recently adopted amendments to Rule 605 of Regulation NMS for order executions in stocks which will enhance the transparency of aggregate execution quality achieved by broker dealers. As firms digest the new reporting requirements, questions continue to surface as professionals dive into the expanded scope of the updated rule’s requirements. Starting December 15, 2025, sell-side firms (in addition to market centers) must report on various categories and sizes of orders and calculations of execution quality statistics.
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Join us in New York City on Wednesday, July 24 from 3:00 p.m. - 6:00 p.m. ET for an in-depth discussion on:
- Why these changes matter
-Â The expansion of reporting entities
- The modernization of the content of the rule
- Key considerations and why you should start planning for implementation now
- How to ensure your firm's readiness, and more.
NOTE: Registration closed on July 24 at 10:15 a.m. ET. Pre-registration is required to participate.
If you have a registration question, please contact SIFMA Conferences.
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Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA
Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA
Ovi Montemayor, Managing Director, Market and Executive Services, Charles Schwab
Mr. Montemayor will provide an update on key issues impacting equities including trading in low priced securities, market resiliency, 24-hour trading, and more. The discussion will also include an update on SEC rulemaking and how the SEC could leverage updated Rule 605 data to determine whether updates to equity market structure are warranted.
Gregg E. Berman, Managing Director, Market Analytics and Regulatory Structure, Citadel Securities
Mark Davies, Chief Executive Officer, S3
Ron Hooey, Senior Director, Client Execution Quality and Order Routing, BNY Pershing
As firms digest the new Rule 605 reporting requirements, questions continue to surface as professionals dive into the scope of the updated rule’s reporting requirements. Join panelists for an informative discussion about what the expansion of Rule 605 means for broker dealers, what’s in scope, how will the data be used, will the summary report be helpful and how will retail use the new data to inform them when selecting a broker dealer?
Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA
NOTE: Registration closed on July 24 at 10:15 a.m. ET.
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Pre-registration is required to participate. If you have a registration question, please contact SIFMA Conferences.
Is your firm a SIFMA member? Check our Member Directory.
Questions? Please contact SIFMA Conferences.
For media registration and our press policy, contact Katrina Cavalli.
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Cancellations received before or on July 17, 2024, will receive a refund minus a $50 processing fee. To receive a refund, a cancellation must be submitted by July 17 via email to SIFMA Conferences. Refunds will not be given for no-shows.
It is a priority to make our events inclusive and accessible for all. For questions or requests, please contact SIFMA Conferences.
For sponsorship inquiries, please contact Scott Kramer at 212.313.1119.
