17 CFR 240.11a1-5
§ 240.11a1-5 Transactions by registered competitive market makers and registered equity market makers.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 240.11a1-5, § 240.11a1-5 Transactions by registered competitive market makers and registered equity market makers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68989
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Full text
Any transaction by a New York Stock Exchange registered competitive market maker or an American Stock Exchange registered equity market maker effected in compliance with their respective governing rules shall be deemed to be of a kind which is consistent with the purposes of section 11(a)(1) of the Act, the protection of investors, and the maintenance of fair and orderly markets.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.