Legal Opinion
Netcoalition v. Securities & Exchange Commission
Court of Appeals for the D.C. Circuit
Decided April 30, 2013No. Nos. 10-1421, 10-1422, 11-1001, 11-1065PublishedCited by 46 opinions
1Opinion of the Court
KAREN LeCRAFT HENDERSON, Circuit Judge:
In 2010, three securities exchanges, NASDAQ, NASDAQ OMX PHLX (PHLX) and NYSE Area — the intervenors in this case — filed with the Securities Exchange Commission (SEC or Commission) proposed changes to their fee-setting rules for the acquisition of certain proprietary market data. Two trade associations, Net-Coalition and the Securities Industry and Financial Markets Association (collectively the petitioners), requested the Commission to suspend the rules pursuant to its authority under section 19(b)(3)(C) of the Securities Exchange Act of 1934 (Exchange…
2Cases cited61 opinions
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3Cited by46 opinions
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