US SEC set to approve new fee rules on trading market data system

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Wall Street's top regulator on Wednesday was set to approve new rules on funding a market surveillance system meant to split its development and operating costs between brokerages and stock exchanges while allowing the latter several years to recoup hundreds of millions already spent.

The pending decision by the five-member U.S. Securities and Exchange Commission marks the latest fraught turn in a decade-long effort to complete the so-called Consolidated Audit Trail, a repository of investor and transaction data meant to give regulators overarching visibility into U.S. market operations.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street is off to downbeat start following two weeks of gainsNEW YORK (AP) — Stocks are off to a weak start on Wall Street as traders return from a long holiday weekend. The S&P 500 was off 0.3% in the early going Tuesday. The index is coming off its second weekly gain. The Dow slipped 63 points, or 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street ends lower following two weeks of gainsNEW YORK — Stocks closed lower on Wall Street as traders return from a long holiday weekend. The S&P 500 fell 0.4% Tuesday. The index is coming off its second weekly gain. The Dow lost 0.6% and the Nasdaq slipped 0.1%. Crude oil prices rose.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street opens lower as weak stretch continuesNEW YORK (AP) — Stocks are opening lower on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 slipped 0.4% in the early going Wednesday. The Dow fell 131 points, or 0.4%, and the Nasdaq composite gave back 0.4%.
Source: SooToday - 🏆 8. / 85 Read more »

Wall Street’s Stock Market Calls Vary by Firm — and by FloorThis year’s astounding run in the S&P 500 Index has left forecasters split about what the world’s largest stock market will do next, and on Wall Street, the biggest disagreements often are emerging within the same firm.
Source: BNNBloomberg - 🏆 83. / 50 Read more »