{"abstract":"This Securities and Exchange Commission (\"Commission\") statement (\"Statement\") is intended to facilitate the development of proposals that will improve secondary market trading for equity securities that trade in lower volume (\"thinly traded securities\"). The Commission's interest in considering proposals for improvement in this segment of the secondary market extends to proposals that could include the suspension or termination of unlisted trading privileges (\"UTP\") and/or exemptive relief from Regulation NMS and other rules under the Securities Exchange Act of 1934 (\"Exchange Act\").","action":"Commission statement.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2019/10/24/2019-22994.html","cfr_references":[{"chapter":null,"citation_url":null,"part":240,"title":17}],"citation":"84 FR 56956","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"The Commission's statement was effective October 17, 2019.","disposition_notes":null,"docket_ids":["Release No. 34-87327","File No. S7-18-19"],"dockets":[],"document_number":"2019-22994","effective_on":"2019-10-17","end_page":56958,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2019/10/24/2019-22994.xml","html_url":"https://www.federalregister.gov/documents/2019/10/24/2019-22994/commission-statement-on-market-structure-innovation-for-thinly-traded-securities","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2019-22994?publication_date=2019-10-24","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2019-10-24/2019-22994/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":564,"last_updated":"2026-07-26 00:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2019-10-24/pdf/2019-22994.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2019-22994.pdf?1571834715","publication_date":"2019-10-24","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2019/10/24/2019-22994.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2019-10-27T15:30:10Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":56956,"subtype":null,"title":"Commission Statement on Market Structure Innovation for Thinly Traded Securities","toc_doc":"Commission Statement on Market Structure Innovation for Thinly Traded Securities","toc_subject":null,"topics":[],"type":"Proposed Rule","volume":84}