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SEC RIN: 3235-AN24 Publication ID: Fall 2023 
Title: Regulation Best Execution  
Abstract:

The Division is considering recommending that the Commission adopt new rules under the Securities Exchange Act of 1934 relating to a broker-dealer’s duty of best execution. Proposed Regulation Best Execution would enhance the existing regulatory framework concerning the duty of best execution by requiring detailed policies and procedures for all broker-dealers and more robust policies and procedures for broker-dealers engaging in certain conflicted transactions with retail customers, as well as related review and documentation requirements.

 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 17 CFR 242.1100    17 CFR 242.1101    17 CFR 242.1102   
Legal Authority: 15 U.S.C. 77g    15 U.S.C. 77q(a)    15 U.S.C. 77s(a)    15 U.S.C. 78b    15 U.S.C. 78c(b)    15 U.S.C. 78e    15 U.S.C. 78g(c)(2)    15 U.S.C. 78i(a)    15 U.S.C. 78j    15 U.S.C. 78k-1    15 U.S.C. 78l    15 U.S.C. 78m    15 U.S.C. 78n    15 U.S.C. 78o(b)    15 U.S.C. 78o(c)    15 U.S.C. 78o(g)    15 U.S.C. 78o-1    15 U.S.C. 78q    15 U.S.C. 78w(a)    15 U.S.C. 78x    15 U.S.C. 78dd-1    15 U.S.C. 78mm    15 U.S.C. 80a-23    15 U.S.C. 80a-29    15 U.S.C. 80a-30    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  01/27/2023  88 FR 5440   
NPRM Comment Period End  03/31/2023 
Final Action  04/00/2024 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
David R. Dimitrious
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-5131
Email: dimitriousd@sec.gov