US SEC delays certain assets from enforcement actions under new disclosure rule

The agency's no action letter, which affects quotes published by broker dealers for buying and selling of government bonds, does not change or amend the compliance date for a new rule aimed at stamping out fraud in U.S. equities markets starting on Sept. 28, 2021, the agency said.

WASHINGTON: The U.S. Securities and Exchange Commission (SEC) said on Friday that it would delay enforcement of certain assets from a new disclosure rule for off-exchange securities until Jan. 3, 2022.

The new compliance date was due to come into effect on Tuesday.