Regulation Best Execution

Document 2022-27644 is a Proposed Rule published by the Securities and Exchange Commission in the Federal Register on January 27, 2023. The Securities and Exchange Commission ("Commission") is proposing new rules under the Securities Exchange Act of 1934 ("Exchange Act") 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. View the original at https://www.federalregister.gov/documents/2023/01/27/2022-27644/regulation-best-execution.

No. Document 2022-27644 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.