SEC Asks for Reg. NMS Comments

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The Securities and Exchange Commission (SEC) is now accepting comments on Regulation NMS, its proposal to reform the current market structure. The 75-day comment period could reveal a divide within the industry over the proposal.

Regulation NMS recommends reform of the trade-through rule, restrictions on sub-penny quoting, establish a uniform market access rule to promote non-discriminatory access to best prices and reforms to the distribution and revenues associated with the consolidated mar