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National Market System (NMS) Transaction Fees

Skadden, Arps, Slate, Meagher & Flom LLP

SEC’s Proposed Transaction Fee Pilot Program Continues to Provoke Discussion

On March 14, 2018, the Securities and Exchange Commission (SEC) proposed new Rule 610T of Regulation NMS, which would establish a pilot program to study the effects of potential changes considered by the SEC on certain...more

Dechert LLP

SEC Proposes Transaction Fee Pilot for NMS Stocks

Dechert LLP on

The U.S. Securities and Exchange Commission (SEC) voted unanimously on March 14, 2018 to propose Rule 610T under Regulation NMS (Proposed Rule), which would create a transaction fee pilot program for NMS stocks (i.e.,...more

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