Nasdaq, NYSE Sue SEC over planned overhaul of public data feeds

by  DeprivedLondorian

source: www.reuters.com/article/us-sec-lawsuit-nyse-nasdaq-idUSKBN2AA09P

This article is short and doesn’t elaborate much on what the effects of giving public access to supply and demand data are. Sueing the SEC seems like another way to stifle access to information for retail investors disguised as a means to protect them.

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I have a lot of bias right now against institutional entities and I’m interested in what people have to say about this and whether or not this is more sensational news for clicks. I couldn’t find a source with specifics about what the SECs overhaul would look like so I’m torn on how I feel about this.

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