Reg NMS Delayed

The implementation of Regulation NMS has been delayed until 2007 following an announcement by the US Securities and Exchange Commission late last week. The new deadlines are: Oct. 16, 2006: self-regulatory organizations must have published on their Web sites their final technical specifications for how their systems will comply with the new order protection rule; Feb. 5, 2007: these systems must be operational; April 1, 2007: the revised revenue allocation formula must have be

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