Rule2026-00811
Delegation of Authority To Grant or Deny Exemptions From Rule 612 of Regulation NMS Under the Securities Exchange Act of 1934
Primary source
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Published
January 16, 2026
Effective
January 16, 2026
Issuing agencies
Securities and Exchange Commission
Abstract
The Securities and Exchange Commission ("Commission") is adopting a technical amendment to correct an outdated cross-reference in its rules delegating authority to the Commission's staff to grant certain exemptions.
Full Text
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<title>Federal Register, Volume 91 Issue 11 (Friday, January 16, 2026)</title>
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[Federal Register Volume 91, Number 11 (Friday, January 16, 2026)]
[Rules and Regulations]
[Pages 2081-2082]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-00811]
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SECURITIES AND EXCHANGE COMMISSION
17 CFR PART 200
[Release No. 34-104595]
Delegation of Authority To Grant or Deny Exemptions From Rule 612
of Regulation NMS Under the Securities Exchange Act of 1934
AGENCY: Securities and Exchange Commission.
ACTION: Final rule; technical amendment.
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SUMMARY: The Securities and Exchange Commission (``Commission'') is
adopting a technical amendment to correct an outdated cross-reference
in its rules delegating authority to the Commission's staff to grant
certain exemptions.
DATES: The amendment is effective January 16, 2026.
[[Page 2082]]
FOR FURTHER INFORMATION CONTACT: Jennifer Dodd, Special Counsel, or
Alba Baze, Attorney-Adviser, Office of Market Supervision, at (202)
551-5500, Division of Trading and Markets, Securities and Exchange
Commission, 100 F Street NE, Washington, DC 20549.
SUPPLEMENTARY INFORMATION: Pursuant to 17 CFR 200.30-3, the Commission
has delegated certain functions to the Director of the Division of
Trading and Markets (``Director'') to be performed by the Director or
under the Director's direction by such person or persons as may be
designated from time to time by the Chairman of the Commission,
including the authority to grant and deny exemptions from Rule 612. The
Commission is amending 17 CFR 200.30-3(a)(83) to correct an outdated
cross-reference to the subsection of Rule 612 that authorizes the
Commission to grant exemptions from Rule 612. Currently, 17 CFR 200.30-
3(a)(83) states that the Commission delegates to the Director the
ability to ``grant or deny exemptions from Rule 612 (17 CFR 242.612),
pursuant to Rule 612(c) (17 CFR 242.612(c)).'' On September 18, 2024,
the Commission adopted Regulation NMS: Minimum Pricing Increments,
Access Fees and Transparency of Better Priced Orders \1\ which, among
other things, renumbered Rule 612(c), which provided the Commission's
authority to grant exemptions from Rule 612, as Rule 612(d) without
making any substantive changes to such authority. This amendment makes
a technical correction to 17 CFR 200.30-3(a)(83) to reflect that
renumbering.
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\1\ See Securities Exchange Act Release No. 101070, 89 FR 81620
(Oct. 8, 2024).
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Statutory Authority
We are adopting this technical amendment under the authority set
forth in sections 4A and 23(a) of the Securities Exchange Act of 1934.
List of Subjects in 17 CFR Part 200
Authority delegations (Government agencies).
Text of Amendments
For reasons set forth in the preamble, title 17, chapter II of the
Code of Federal Regulations is amended as follows:
PART 200--ORGANIZATION; CONDUCT AND ETHICS; AND INFORMATION AND
REQUESTS
Subpart A--Organization and Program Management
0
1. The authority citation for part 200, subpart A, continues to read in
part as follows:
Authority: 15 U.S.C. 77z-3, 78d-1, 78d-2, 78w, and 78mm, unless
otherwise noted.
* * * * *
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2. Amend Sec. 200.30-3 by revising paragraph (a)(83) to read as
follows:
Sec. 200.30-3 Delegation of authority to Director of Division of
Trading and Markets.
(a) * * *
(83) To grant or deny exemptions from Rule 612 (17 CFR 242.612),
pursuant to Rule 612(d) (17 CFR 242.612(d)).
* * * * *
Date: January 13, 2026.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2026-00811 Filed 1-15-26; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on January 16, 2026.
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