NYSE Group, a unit of Intercontinental Exchange Inc. that operates three equity markets including the New York Stock Exchange, and Nasdaq Inc. sent their own filing to the SEC, saying that Sifma’s reading of the Finra guidance was incorrect. It said Sifma’s letter was “based on mischaracterizations of the Finra notice” and tried to divert attention away from the competitive pricing of market data.

Peter Gau, a spokesman for Nasdaq, said the company’s policy is not to comment on pending litigation. Sara Cohen, a spokeswoman for NYSE, declined to comment.

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