The SEC has proposed sweeping updates to Reg NMS, and the industry’s masters of market structure have officially weighed in with (mostly) thoughtful comment letters. We read the comment letters and made a golf scorecard summarizing the state of play.
Our key takeaway? Investors support updates to Reg NMS. Click the firm names below to read their comment letters for yourself.
(If you are having trouble loading the embedded PDF viewer below on your browser, click here to view the PDF directly.)