Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Market Data Infrastructure Rules (2020) | Statement: [Reg NMS, amendedBy, Market Data Infrastructure Rules (2020)]

Target entity: Market Data Infrastructure Rules (2020)
Context triple: [Reg NMS, amendedBy, Market Data Infrastructure Rules (2020)]

• A. Principles for Financial Market Infrastructures
  Principles for Financial Market Infrastructures is an international standard that sets out risk-management and operational guidelines for systemically important payment, clearing, and settlement systems to promote the safety and efficiency of global financial markets.
• B. Markets in Financial Instruments Regulation
  Markets in Financial Instruments Regulation is a key European Union legislative framework that strengthens investor protection and transparency in financial markets by setting detailed rules for trading venues, investment firms, and market infrastructure.
• C. Regulation NMS
  Regulation NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the national market system for equity trading, emphasizing fair access, price transparency, and best execution across exchanges.
• D. Markets in Financial Instruments Directive II
  Markets in Financial Instruments Directive II (MiFID II) is a comprehensive European Union regulatory framework that strengthens investor protection and transparency in financial markets by governing how investment services are provided and traded across the EU.
• E. Regulation SCI
  Regulation SCI is a U.S. Securities and Exchange Commission rule framework that imposes technology, operational resilience, and cybersecurity standards on key securities market participants and their critical systems.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Market Data Infrastructure Rules (2020)
Triple: [Reg NMS, amendedBy, Market Data Infrastructure Rules (2020)]

Market Data Infrastructure Rules (2020) are SEC regulations that modernize and expand the U.S. equity market data system, including the content, dissemination, and governance of consolidated market information.

Target entity: Market Data Infrastructure Rules (2020)
Target entity description: Market Data Infrastructure Rules (2020) are SEC regulations that modernize and expand the U.S. equity market data system, including the content, dissemination, and governance of consolidated market information.

• A. Principles for Financial Market Infrastructures
  Principles for Financial Market Infrastructures is an international standard that sets out risk-management and operational guidelines for systemically important payment, clearing, and settlement systems to promote the safety and efficiency of global financial markets.
• B. Markets in Financial Instruments Regulation
  Markets in Financial Instruments Regulation is a key European Union legislative framework that strengthens investor protection and transparency in financial markets by setting detailed rules for trading venues, investment firms, and market infrastructure.
• C. Regulation NMS chosen
  Regulation NMS is a set of U.S. Securities and Exchange Commission rules designed to modernize and strengthen the national market system for equity trading, emphasizing fair access, price transparency, and best execution across exchanges.
• D. Markets in Financial Instruments Directive II
  Markets in Financial Instruments Directive II (MiFID II) is a comprehensive European Union regulatory framework that strengthens investor protection and transparency in financial markets by governing how investment services are provided and traded across the EU.
• E. Regulation SCI
  Regulation SCI is a U.S. Securities and Exchange Commission rule framework that imposes technology, operational resilience, and cybersecurity standards on key securities market participants and their critical systems.
• F. None of above.