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In a letter filed today with the Securities and Exchange Commission (SEC), PTG opposes the proposal to permit optional semiannual reporting by public companies. PTG supports efforts to reduce unnecessary public-company burdens, but contends that reducing the frequency of mandatory, auditor-reviewed disclosures would weaken the transparency, consistency, comparability, and accountability that support U.S. market quality and investor confidence.

In a letter filed today with the Securities and Exchange Commission (SEC), PTG urges the Commission to take direct control over Consolidated Audit Trail (CAT) funding and governance. The letter recommends the SEC fund CAT through the existing Section 31 fee process by incorporating CAT costs into the Commission’s Congressionally approved budget. PTG argues this would add legislative oversight, fiscal discipline, and accountability while still allowing the industry to cover costs through the existing fee mechanism.

In a letter filed today with the Securities and Exchange Commission, PTG expresses support for Nasdaq’s proposed rule change establishing a new continued listing requirement for companies whose market capitalization falls below $5 million. PTG agrees with Nasdaq’s view that such low valuations generally reflect more than temporary challenges and make continued listing on a national securities exchange inappropriate.

In the brief, filed today, PTG contends that the Securities and Exchange Commission’s (SEC) 2026 CAT funding order (the Order) should be set aside for three main reasons.

In a letter filed with the Securities and Exchange Commission (SEC) today, PTG supports FINRA’s proposal to expand the affiliate–principal transaction indicator so it also covers qualifying trades between member affiliates, arguing this is consistent with existing treatment of similar non-member affiliate trades.

Today, PTG submitted a comment letter to the Office of the Comptroller of the Currency (OCC) in response to the OCC’s proposed rule implementing the GENIUS Act for payment stablecoin issuers. While PTG supports the OCC’s broader goal of creating regulatory clarity for stablecoins, the letter urges the agency to reconsider proposed Rule 15.12(c), which would require a mandatory seven-day redemption delay whenever redemptions exceed 10 percent of outstanding issuance value in a 24-hour period. PTG argues that, rather than promoting financial stability, this automatic delay could undermine confidence in stablecoins and increase the risk of market disruption.