Thursday and Friday, 2026-10-08 and 2026-10-09 · · run 20261009T1543Z
SEC Proposes Expanding Cross‑Trading Rule
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The Securities and Exchange Commission on Oct. 9, 2026 proposed amendments to the Investment Company Act cross‑trading rule, SEC Chairman Paul S. Atkins said.
The amendments would modernize and expand the rule to allow cross trades that reduce fund trading costs.
The rule would restore the ability to cross trade most fixed‑income securities that have been limited since the 2020 fund valuation rule.
It would update pricing and oversight requirements to reflect market developments that have made pricing more verifiable and transparent.
Registered funds that engage in cross trading would be required to report aggregated trading activity.
The reporting requirement is intended to provide additional transparency.
The proposal will be posted on SEC.gov and in the Federal Register, and a 60‑day comment period will follow publication in the Federal Register.
Sources
- SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds US Securities and Exchange Commission
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