Commission's Rules of Practice

Document 2025-18237 is a Final Rule published by the Securities and Exchange Commission in the Federal Register on September 19, 2025, with an effective date of September 19, 2025. The Securities and Exchange Commission ("Commission") is amending its Rules of Practice relating to procedures governing Commission review of staff actions made pursuant to delegated authority in connection with the determination of the effective dates of registration statements and post-effective amendments and the determination of the dates and times of qualification of an offering statement and post-qualification amendments under Regulation A. View the original at https://www.federalregister.gov/documents/2025/09/19/2025-18237/commissions-rules-of-practice.

No. Document 2025-18237 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.