Kevin Edgar Submits Comment Letter Critical of Proposed SEC Rule on Market Data Infrastructure

News / June 30, 2020

Counsel Kevin Edgar submitted a comment letter to the Securities and Exchange Commission (SEC) on behalf of the Equity Markets Association (EMA) on June 30, 2020, that notes the concern of the EMA regarding the SEC’s Proposed Rule on Market Data Infrastructure. The comment sets for the argument that the Proposed Rule is unnecessary and potentially damaging and states, in part, “EMA members support incremental, thoughtful improvements to the well-functioning market infrastructure we have today, not a rush to make risky and ill-considered changes, the benefits of which are unclear and do not outweigh the harm.”

Read the comment letter.