Regulation & law · 19/09/2016
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 11.340 To Modify Certain Data Collection Requirements of the Regulation NMS Plan To Implement a Tick Size Pilot Program
Investors Exchange LLC has filed a proposed rule change with the SEC to modify data collection requirements under Regulation NMS, with the goal of implementing a tick size pilot program. The proposed rule change aims to improve market efficiency and transparency.