March 15, 2018 BY Valentina Kirilova

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

The Securities and Exchange Commission (SEC) informed the public that it has voted to propose new Rule 610T of Regulation NMS to conduct a Transaction Fee Pilot in NMS stocks. The proposed pilot would subject stock exchange transaction fee pricing, including “maker-taker” fee-and-rebate pricing models, to new temporary pricing restrictions across three test groups, and…

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