Reg NMS Mystery: Where Is It?
Traders Magazine, June 2005
"The devil is in the details." This is a common phrase one hears when a complicated piece of legislation passes Congress or when a commission or agency has passed a controversial measure. As Traders Magazine was going to press, the landmark four part Reg NMS reforms-passed by the Securities and Exchange on a three-to-two vote on April 6-still hadn't been put in the Federal Register.
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