FISD Recommends That Sec Delay Regulated Fees For Market Data

PRICING AND FEES

NEW YORK--The Financial Information Services Division (FISD) recommends that the Securities Exchange Commission (SEC) delay establishing regulated market data fees, citing the instability of the market caused partly by the Internet.

The FISD praised the SEC’s efforts in seeking feedback from the industry about regulation, but says that issues related to market structure with the introduction of Internet-delivered market data need to be resolved first.

The FISD states, "Sort out the marketpla

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