(Jul 8) The Securities and Exchange Commission's Equity Market Structure Advisory Committee will hold an open meeting (available via webcast) July 8 to possibly vote on a pilot program for exchange access fees that has drawn some sharp criticism from exchange representatives. The potential pilot
discussed in April would lower access fees and collect data on the results. Representatives of the NYSE and Nasdaq criticized the substance of the proposal and the process used to develop it.
The committee also will consider recommendations related to the regulation of trading venues. The group's Regulation NMS and Trading Venues Regulation subcommittees will make presentations.