The Commission discusses the two possible groups of small entities that would be subject to this rulemaking and concludes that as many as 100 broker-dealers and as many as 960 Nasdaq Small Cap issuers could be affected by this rulemaking.
The commission claims no one will be affected by the rulemaking.
mnli hypothesis: The commission claims no one will be affected by the rulemaking. premise: The Commission discusses the two possible groups of small entities that would be subject to this rulemaking and concludes that as many as 100 broker-dealers and as many as 960 Nasdaq Small Cap issuers could be affected by this rulemaking.