Regulation & law · 09/10/2009

NASDAQ OMX PHLX, Inc. Files Proposed Rule Change to Discontinue Specialist Fee Credit Pilot Program

NASDAQ OMX PHLX, Inc. has submitted a proposed rule change to the Securities and Exchange Commission, which, if approved, will discontinue the Specialist Fee Credit Pilot Program, a fee credit initiative for specialist firms on the NASDAQ OMX PHLX exchange.