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Article: As Deadline for Reg. NMS' Order Protection Rule Looms, OES Remains 'On or Ahead of Schedule' With Solutions.
- Article from:
- Business Wire
- Article date:
- May 11, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PRINCETON, N.J. -- As the implementation dates for the Order Protection Rule of Reg. NMS draw closer, Order Execution Services Holdings, Inc. (OES) reports that it is "on or ahead of schedule" to help its clients meet many of the considerable requirements of the regulatory mandate from the SEC.
The parent company of Order Execution Services, LLC, and ABS Brokerage Services, LLC -- both leading independent introducing and agency broker-dealers -- OES "is working under the assumption that the SEC will adhere to the schedule and time lines it has set, meaning implementation by at least the end of the SEC's fiscal year on September 30, 2006," said David M. Scheckel, ...