The SEC has issued a proposed
rule, Regulation NMS: Minimum Pricing Increments, Access Fees,
and Transparency of Better Priced Orders, that is intended “to enhance trading
opportunities for all investors and to help ensure that orders placed in the national
market system reflect the best prices available for all investors.”
Comments on the proposed rule are due 60 days after the date of its publication in the
Federal Register or March 31, 2023, whichever is later.