SEC Equity Market Structure Advisory Committee; File No. 265 – 29
The Security Traders Association (“STA”)1 wishes to make certain recommendations regarding the duration and renewal of the SEC Equity Market Structure Advisory Committee (“EMSAC” or “Committee”).
STA believes that the EMSAC has served a very important and useful purpose in fostering constructive dialogue and issuing formal recommendations on complex market structure issues since the Committee’s inception in February 2015. As STA has previously noted2, central to the Commission’s data-driven market structure review is input from investors and all types of market participants – each of whom play important and unique roles for the efficient functioning of the markets.