SIFMA/NetCoalition Comment Letter Regarding Rule Change to Establish Managed Data Solution for PHLX Top of Options

SIFMA and NetCoalition commented in opposition to the notice under which NASDAQ OMX PHLX LLC proposed a rule change to establish new fees for its "managed data solution" Top of Options ("TOPO") data product. The comment argues that the exchange's proposed fees would not be fair and reasonable.

Cross-Reference(s): Exchange Act Sections 19(b)(3)(A) and 11A(c)(1)(C).

View letter in full here (links externally to SIFMA website).