On July 31, the SEC granted the New York Stock Exchange and NYSE MKT a one-year extension (to July 31, 2014) of the limited exemption from the Regulation NMS "Sub - Penny Rule" that allows each exchange to accept and rank orders priced equal to or greater than $1.00 per share in increments of $0.001, in connection with the operation of its Retail Liquidity Program. SEC Release No. 34-70085.