# Order Execution Obligations
> **US Securities and Exchange Commission** · Revised compliance dates; exemptive order. · Published 1997-07-30 · Effective 1997-07-24 · 62 FR 40732
## Document
- **Document number:** 97-20053
- **Category:** other
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 62 FR 40732
- **CFR reference:** 17 CFR 240
- **Publication date:** 1997-07-30
- **Effective date:** 1997-07-24
- **Docket:** Release No. 34-38870
## Abstract

The Securities and Exchange Commission (``Commission'') is announcing the final phase-in schedule for compliance with Rules 11Ac1- 1(c)(5) (``ECN Amendment'' of the ``Quote Rule'') and 11Ac1-4 (``Limit Order Display Rule'') under the Securities Exchange Act of 1934 (``Exchange Act'') and is providing exemptive relief to accommodate the new schedule. In addition, the Commission is providing temporary exemptive relief from compliance with the 1% requirement of the Quote Rule with respect to non-19c-3 securities.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/07/30/97-20053/order-execution-obligations)
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