SEC’s Market Data Infrastructure Rule Not Easily Said or Done
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.

The market data infrastructure rule finalized by US regulators this month will bring major changes to the National Market System if it is adopted—but many of the important details of how it will work have yet to be made clear, say industry experts and observers.
The Securities and Exchange Commission (SEC) finalized amendments to Regulation National Market System (Reg NMS) that it hopes will modernize the system that currently sees the Securities Information Processors (SIPs) filter and
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.
Copyright Infopro Digital Limited. All rights reserved.
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]
Copyright Infopro Digital Limited. All rights reserved.
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]
More on Regulation
Waters Wavelength
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
Subscribe to Weekly Wrap emails
Most read
- If it ain’t broke, break it: Back-office tech reform may benefit front-office returns
- This Week: Finos, LSEG, Neptune & Genesis, Deutsche Börse & Kaiko, Ice & More
- FDC3 creator sets sights on cloud-based interop with new company
- Sell side ramps up outsourced trading desk services for still-skeptical buy side
- Project Octopus becomes Octaura, killing BofA’s Instinct platform and Citi Velocity trading protocol