Regulation Systems Compliance and Integrity; Proposed Rules, Extension of Comment Period (SEC - Pre-Fed. Reg. Version)

On March 25, 2013, the SEC published in the Federal Register a proposed rule, Regulation Systems Compliance and Integrity ("Regulation SCI") under the Exchange Act, for public comment. The SEC is extending the time period in which to provide the Commission with comments.

Proposed Regulation SCI would apply to certain self-regulatory organizations (including registered clearing agencies), alternative trading systems ("ATSs"), plan processors, and exempt clearing agencies subject to the SEC's Automation Review Policy (collectively, "SCI entities"), and would require these SCI entities to comply with requirements with respect to their automated systems that support the performance of their regulated activities.

Comments Due: July 8, 2013.

Click here to view proposed rule in full (links externally to SEC website).Related News: "Regulation Systems Compliance and Integrity (SEC - Pre-Fed. Reg. Version)" (March 8, 2013).