Regulation NMS

GPTKB entity

Statements (42)
Predicate Object
gptkbp:instanceOf United States Securities Regulation
gptkbp:abbreviation Reg NMS
gptkbp:affects broker-dealers
alternative trading systems
stock exchanges
gptkbp:amendedBy 2018
Market Data Infrastructure Rule (2020)
SEC Transaction Fee Pilot
gptkbp:appliesTo U.S. equity markets
gptkbp:citation Federal Register Vol. 70, No. 120
SEC Release No. 34-51808
gptkbp:consequence fragmentation of trading venues
increased electronic trading
rise of high-frequency trading
gptkbp:country gptkb:United_States
gptkbp:criticizedFor complexity
unintended market consequences
gptkbp:dateEnacted 2005
gptkbp:enforcedBy gptkb:U.S._Securities_and_Exchange_Commission
gptkbp:fullName Regulation National Market System
gptkbp:hasRule Rule 600
Rule 610
Rule 611
Rule 612
Rule 613
https://www.w3.org/2000/01/rdf-schema#label Regulation NMS
gptkbp:language English
gptkbp:provides Access Rule (Rule 610)
Market Data Rules
Order Protection Rule (Rule 611)
Sub-Penny Rule (Rule 612)
gptkbp:purpose modernize and strengthen the National Market System for equity securities
gptkbp:relatedTo gptkb:Securities_Exchange_Act_of_1934
gptkb:National_Market_System
gptkb:SEC_Regulation_ATS
SEC Regulation SHO
gptkbp:replacedBy earlier NMS rules from 1975 Securities Acts Amendments
gptkbp:startDate August 29, 2005
gptkbp:website https://www.sec.gov/divisions/marketreg/nmsfaq.htm
gptkbp:bfsParent gptkb:Securities_Information_Processor
gptkb:national_market_system
gptkbp:bfsLayer 7