SEC, Exchanges Clash Over Revised Consolidated Tape Plans

Max Bowie
@MaxBowie
07 May 2020

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The US Securities and Exchange Commission (SEC) has ignited a war of words between industry groups representing financial firms and exchanges by instructing US equity exchanges and regulatory body Finra to submit plans for a new NMS plan for the equitable distribution of market data that will replace the current US consolidated tapes of equities quote and trade data.

The order, issued on Wednesday, May 7, aims to address concerns about the current tapes’ ability to fulfill their purpose of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]