NASDAQ Comments on the SEC’s Recently Re-proposed

The Nasdaq Stock Market, Inc. (NASDAQ® ; OTCBB: NDAQ) today submitted a comment letter on the Securities and Exchange Commission's (SEC) recently amended Regulation NMS proposal.

While NASDAQ strongly supports the goals of Regulation NMS: investor protection, enhanced competition, and transparency, NASDAQ cautioned the SEC with proceeding unless it is highly confident the rulemaking will achieve these goals. The letter states: “NASDAQ's primary concerns with Regulation NMS, as currently proposed, reflect our belief that market forces and best execution can be relied on to a greater degree to serve public purposes and the securities markets.”

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