RT Journal Article SR Electronic T1 Regulation NMS: Have We Lost Sight of the Objective? JF The Journal of Trading FD Institutional Investor Journals SP 26 OP 29 DO 10.3905/JOT.2009.4.3.026 VO 4 IS 3 A1 Greg Pratnicki YR 2009 UL https://pm-research.com/content/4/3/26.abstract AB With the evolution of the Securities Exchange Commission (SEC) over the last four decades, a myriad of regulations have been mandated to enforce its role in structuring the market. But have these rules, in an attempt to create the National Market System, unduly burdened market participants? If the SEC were to allow market forces to drive the evolution of the market,would they avoid their continuous re-examination of rules, need for modifications, and the granting of exemptions in an attempt to address potential oversights?TOPICS: Exchanges/markets/clearinghouses, information providers/credit ratings