Regulation NMS: Minimum Pricing Increments, Access Fees, and Transparency of Better Priced Orders

Document 2024-21867 is a Final Rule published by the Securities and Exchange Commission in the Federal Register on October 8, 2024, with an effective date of December 9, 2024. The Securities and Exchange Commission ("Commission" or "SEC") is adopting amendments to certain rules of Regulation National Market System ("Regulation NMS") under the Securities Exchange Act of 1934, as amended ("Exchange Act") to amend the minimum pricing increments for the quoting of certain NMS stocks, reduce the access fee caps, and enhance the transparency of better priced orders. View the original at https://www.federalregister.gov/documents/2024/10/08/2024-21867/regulation-nms-minimum-pricing-increments-access-fees-and-transparency-of-better-priced-orders.

No. Document 2024-21867 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.