THE AMERICAN ZONE CHAIN ASSOCIATION SUPPORTED THE SEC IN ABOLISHING THE OUTDATED NMS RULES

THE AMERICAN BLOCK CHAIN ASSOCIATION SENT A LETTER IN SUPPORT OF THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC) TO REPEAL SOME OF THE OUTDATED NMS RULES, ARGUING THAT THE ADJUSTMENTS WOULD FREE UP SPACE FOR SECURITIES MONETIZATION AND NEW TRADING INFRASTRUCTURE. THE ASSOCIATION INDICATED THAT PART OF THE CURRENT RULES WERE DESIGNED FOR THE “MARKET 2005” AND THAT THE UNITED STATES MARKET STRUCTURE NEEDED TO KEEP PACE WITH TECHNOLOGICAL DEVELOPMENTS。