SEC Announces Agenda for April 26 Meeting of the Equity Market Structure Advisory Committee

The Securities and Exchange Commission today announced the agenda for its Equity Market Structure Advisory Committee meeting on April 26.  The Commission established the advisory committee to provide a formal mechanism through which the Commission can receive advice and recommendations on equity market structure issues.  

The meeting will focus on recommendations related to a potential access fee pilot and trading venues regulation, as well as updates from the subcommittees.  These documents are available on the SEC’s website.      

The meeting will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., and is open to the public.  It also will be webcast live on the SEC’s website, www.sec.gov, and will be archived on the website for later viewing.

Members of the public who wish to provide their views on the matters to be considered by the advisory committee may submit comments electronically or on paper.  Please submit comments using one method only.  Information that is submitted will become part of the public record of the meeting.  

Electronic submissions:

Use of the SEC’s Internet submission form or send an e-mail to rule-comments@sec.gov

Paper submissions:

Send paper submissions in triplicate to Brent Fields, Secretary, Securities and Exchange Commission, 100 F Street, N.E., Washington, D.C. 20549-1090.

All submissions should refer to File Number 265-29, and the file number should be included on the subject line if e-mail is used.  

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Agenda

9:30 a.m. Welcoming Remarks

• SEC Chair Mary Jo White, Commissioners, and Division of Trading and Markets Director Stephen Luparello

10:00 a.m. Regulation NMS Subcommittee Recommendations to the Committee:  Framework for Potential Access Fee Pilot 

10:10 a.m. Consideration and Discussion of Framework for Potential Access Fee Pilot  

• Thomas Farley, President, NYSE Group
• Jeffrey Davis, Vice President and Deputy General Counsel, NASDAQ
• Charles Jones, Professor of Finance & Economics, Columbia Business School  
• Faris Matalka, V.P., Trading and Order Management, E*Trade 
• Adam Nunes, Head of Business Development, Hudson River Trading 

11:30 a.m. Lunch

12:30 p.m. Trading Venues Regulation Subcommittee Recommendations to the Committee:  Recommendations Relating to Trading Venues Regulation    

12:40 p.m. Consideration and Discussion of Recommendations Relating to Trading Venues Regulation

• David Cushing, Director of Trading and Market Strategies, Wellington Management 
• Jeffrey Davis, Vice President and Deputy General Counsel, NASDAQ
• Brett Redfearn, Head of Market Structure Strategy, J.P. Morgan Securities

2:00 p.m. Break

2:15 p.m. Market Quality Subcommittee Status Report to the Committee

2:45 p.m. Customer Issues Subcommittee Status Report to the Committee

3:15 p.m. Discussion of Next Steps/ Adjournment