On November 2nd, CoinWorld reported that the U.S. Securities and Exchange Commission (SEC) granted temporary exemptions on several compliance dates under the National Market System (NMS) rules on October 31st. This exemption sets a precedent for exchanges, stipulating that enforcement action should be suspended when rules are changing and regulators cannot provide clear guidance, until regulators develop workable standards. The announcement mentioned the interruption of funding and the need to "promote the orderly functioning of markets" after a court rejected a request for a stay of execution. Cryptocurrency exchanges such as Coinbase, Kraken, and Binance may be subject to the same logic.