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SEC proposes transaction fee pilot for National Market System stocks

  • SEC (US Securities and Exchange Commission) Image

Mar 15, 2018

The SEC has issued a proposed rule, “Transaction Fee Pilot for NMS Stocks.”

The proposal would establish a transaction fee pilot to “study the effects that transaction-based fees and rebates may have on, and the effects that changes to those fees and rebates may have on, order routing behavior, execution quality, and market quality more generally.”

Comments on the proposed rule are due 60 days after the date of its publication in the Federal Register. For more information, see the press release and proposed rule on the SEC’s Web site.

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