Series 24: SEC Display And Disclosure Rules: Regulation NMS

Taken from our Series 24 Online Guide

SEC Display and Disclosure Rules: Regulation NMS

The Securities Acts Amendments of 1975 authorized the establishment of a national market system (NMS), which would consolidate the fragmented exchange system that existed at the time and foster greater competition among the various exchanges. From this legislation came authorization for an electronic linkage across all U.S. exchanges, the consolidated tape, the consolidated quota

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