Reg NMS
E448132
Reg NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the regulation and structure of the national equity securities markets.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Reg NMS canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T4500181 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Reg NMS Context triple: [Regulation NMS, abbreviation, Reg NMS]
-
A.
NSM
NSM was the stock ticker symbol for National Semiconductor, a former American semiconductor manufacturer known for its analog and mixed-signal integrated circuits.
-
B.
Nims
Nims is a company operating under the Italian coffee brand Lavazza, likely involved in coffee-related products or services within its corporate group.
-
C.
NRPC
NRPC (National Railroad Passenger Corporation) is the U.S. government-owned corporation that operates intercity passenger rail service under the brand name Amtrak.
-
D.
NRPC
NRPC (Notes Remote Procedure Call) is the proprietary network protocol used by IBM/Lotus Notes and Domino servers to enable client-server communication and data replication.
-
E.
NSMIA
NSMIA is a U.S. federal law enacted in 1996 that reallocated regulatory authority between federal and state governments over securities offerings and investment advisers to streamline and modernize securities regulation.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Reg NMS Target entity description: Reg NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the regulation and structure of the national equity securities markets.
-
A.
NSM
NSM was the stock ticker symbol for National Semiconductor, a former American semiconductor manufacturer known for its analog and mixed-signal integrated circuits.
-
B.
Nims
Nims is a company operating under the Italian coffee brand Lavazza, likely involved in coffee-related products or services within its corporate group.
-
C.
NRPC
NRPC (National Railroad Passenger Corporation) is the U.S. government-owned corporation that operates intercity passenger rail service under the brand name Amtrak.
-
D.
NRPC
NRPC (Notes Remote Procedure Call) is the proprietary network protocol used by IBM/Lotus Notes and Domino servers to enable client-server communication and data replication.
-
E.
NSMIA
NSMIA is a U.S. federal law enacted in 1996 that reallocated regulatory authority between federal and state governments over securities offerings and investment advisers to streamline and modernize securities regulation.
- F. None of above. chosen
Statements (52)
| Predicate | Object |
|---|---|
| instanceOf |
SEC rule set
ⓘ
U.S. securities regulation ⓘ |
| accessRuleRequirement | trading centers must provide fair and non-discriminatory access to quotations ⓘ |
| adoptionDate | 2005-06-29 ⓘ |
| affects |
alternative trading systems
ⓘ
broker-dealers ⓘ market data distributors ⓘ national securities exchanges ⓘ |
| amendedBy |
Market Data Infrastructure Rules (2020)
ⓘ
linked to:
Regulation NMS
Regulation NMS amendments of 2018 ⓘ |
| componentRule |
Access Rule
ⓘ
Market Data Rules ⓘ
linked to:
Regulation NMS
Order Protection Rule ⓘ
linked to:
Regulation NMS
Sub-Penny Rule ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| defines |
national market system plan governance requirements
ⓘ
quotations that are protected from trade-throughs ⓘ standards for automated quotations ⓘ standards for protected quotations ⓘ |
| effectivePeriodStart | 2005 ⓘ |
| fullName |
Regulation National Market System
ⓘ
linked to:
Regulation NMS
|
| includesConcept |
access fees caps
ⓘ
automated trading centers ⓘ intermarket sweep orders ⓘ protected quotations ⓘ sub-penny pricing restrictions ⓘ trade-through protection ⓘ |
| jurisdiction | U.S. equity securities markets ⓘ |
| legalBasis |
Securities Exchange Act of 1934
ⓘ
linked to:
U.S. Securities Exchange Act of 1934
|
| marketDataRuleRequirement | govern distribution and fees of consolidated market data ⓘ |
| orderProtectionRuleRequirement | trading centers must prevent trade-throughs of protected quotations ⓘ |
| policyGoal |
ensure fair access to quotations
ⓘ
establish uniform rules for market data ⓘ promote best execution of investor orders ⓘ promote competition among trading venues ⓘ promote price transparency ⓘ reduce market fragmentation ⓘ |
| purpose |
modernize regulation of national market system for equity securities
ⓘ
promote competition among markets and orders ⓘ promote fair and efficient access to quotations ⓘ protect investors ⓘ strengthen the structure of U.S. equity markets ⓘ |
| regulator |
U.S. Securities and Exchange Commission
ⓘ
linked to:
Securities and Exchange Commission
|
| relatedTo |
National Market System
ⓘ
best execution obligations ⓘ equity market structure reform ⓘ |
| ruleNumber |
Rule 610
ⓘ
Rule 611 ⓘ Rule 612 ⓘ Rules 600–612 ⓘ |
| subPennyRuleRequirement | minimum price increment of $0.01 for quotations in stocks priced at or above $1.00 ⓘ |
| subPennyRuleThreshold | $1.00 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Reg NMS Description of subject: Reg NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the regulation and structure of the national equity securities markets.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.