New York Stock Exchange Regulation, Inc. has issued Information Memo 10-1 to remind members and member organizations with a presence on the New York Stock Exchange and NYSE Amex Equity Floor (Floor) of their Regulation National Market System (NMS) obligations and that Regulation NMS applies to all Floor transactions. The Information Memo reiterates Regulation NMS’s rules relating to preventing trade-throughs, displaying quotations that lock or cross protected quotations, and displaying, ranking or accepting quotations, orders or indications of interest in any NMS stock priced in an increment smaller than $0.01 if priced equal to or greater than $1.00 per share and providing best execution.

Click here to read Information Memo 10-1.