Market Participants to Their Corners: Competing Views on Market Data Are on Full Display at the SEC’s Market Data Roundtable
December 20, 2018
The Securities and Exchange Commission has solicited the views of exchanges, broker-dealers and investors on a range of questions related to market data since at least 1999 when it published SEC Concept Release: Regulation of Market Information Fees and Revenues (Market Data Concept Release). The robust discussion at the SEC’s October 25-26, 2018 Roundtable on Market Data and Market Access (Roundtable) made it clear that many of the issues raised in the Concept Release have not been resolved, and in some cases have been exacerbated by electronic trading and the adoption of Regulation NMS.
Read "Competing Views on Market Data Are on Full Display at the SEC’s Market Data Roundtable".