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# Open Meeting Agenda

## Wednesday, May 6, 2020

| **Item 1:** | **Notice of Order Directing the Exchanges and the Financial Industry Regulatory Authority to Submit a New National Market System Plan Regarding Consolidated Equity Market Data** |
|-------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Office:     | Division of Trading and Markets                                                                                                                                                   |
| Staff:      | Brett Redfearn, Christian Sabella, John Roeser, Michael Coe                                                                                                                       |

The Commission will consider whether to adopt a final order, following the issuance of a proposed order on January 8, 2020 for public comment, that would require the national securities exchanges for equities and FINRA to propose a single, new national market system (NMS) plan to increase transparency and address inefficiencies, conflicts of interest and other issues presented by the current governance structure of the three NMS plans that govern the public dissemination of real-time, consolidated equity market data for NMS stocks.

For further information, please contact Michael Coe in the Division of Trading and Markets at 202-551-5870.

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Modified: May  1, 2020

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