NYSE Arca proposed a new best-execution rule requiring its members and their associated persons to use "reasonable diligence" to ascertain the best market for a customer's security and execute the trade at the most favorable price obtainable under prevailing conditions.

The CFTC advised DCMs, SEFs, DCOs and FCMs seeking to extend their hours for trading and clearing that they should submit comprehensive explanations of proposed changes, expected effects on risk and mitigation strategies and must demonstrate compliance with all relevant rules.

A broker that offered self-directed trading to retail investors settled FINRA charges for failing to accurately report statistical and summary information about written customer complaints.

SEC Chair Atkins described a new direction for the agency, highlighting efforts to roll back prior regulatory overreach on climate-related disclosure, a recalibration on public-company reporting and a reset on digital-asset regulation.

The SEC proposed to rescind climate-related disclosure rules adopted in March 2024, asserting that the rules exceed the agency's statutory authority and impose substantial costs not justified by the informational benefits to investors.