SEC Proposed Rule on Market Data Infrastructure – Comment Period Open

SEC Proposed Rule on Market Data Infrastructure – Comment Period Open

The SEC has proposed to modernize the infrastructure for the collection, consolidation, and dissemination of market data for exchange-listed national market system (NMS) stocks.  Significantly, the proposal would update and expand the content of NMS market data to better meet the needs of investors in today’s equity markets.  The proposal can be found here.  Comments on the proposal are due to the SEC by May 26, 2020.