SEC Seeks to Redefine Exchange Act Definition of “Dealer”
On March 28, 2022 the SEC published proposed rules that could require certain firms to register as dealers with the SEC, as well as register as an SRO, if they are deemed to be engaged in buying/selling securities as part of a “regular business.” The SEC’s stated impetus behind the proposed rule is to ensure …
SEC Seeks to Redefine Exchange Act Definition of “Dealer” Read More »