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: Rule 612 of Regulation NMS | Statement: [Sub-Penny Rule, codifiedIn, Rule 612 of Regulation NMS]

Target entity: Rule 612 of Regulation NMS
Context triple: [Sub-Penny Rule, codifiedIn, Rule 612 of Regulation NMS]

• A. 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.
• B. Rule 612
  Rule 612 is a provision of the Federal Rules of Evidence that governs how a witness may use writings or other items to refresh their memory while testifying.
• C. Rule 601
  Rule 601 is a provision in the Federal Rules of Evidence that establishes the general standard for witness competency in U.S. courts.
• D. Rule 611
  Rule 611 is a provision in the Federal Rules of Evidence that governs the court’s control over the mode and order of examining witnesses and presenting evidence to ensure effective truth-finding and fairness.
• E. Rule 61
  Rule 61 is a provision in the Rhode Island Rules of Civil Procedure that addresses harmless error, directing courts to disregard procedural mistakes that do not affect the substantial rights of the parties.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Rule 612 of Regulation NMS
Target entity description: Rule 612 of Regulation NMS is a U.S. Securities and Exchange Commission rule that restricts the display and execution of equity orders in sub-penny price increments to promote fair and orderly markets.

• A. 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.
• B. Rule 612
  Rule 612 is a provision of the Federal Rules of Evidence that governs how a witness may use writings or other items to refresh their memory while testifying.
• C. Rule 601
  Rule 601 is a provision in the Federal Rules of Evidence that establishes the general standard for witness competency in U.S. courts.
• D. Rule 611
  Rule 611 is a provision in the Federal Rules of Evidence that governs the court’s control over the mode and order of examining witnesses and presenting evidence to ensure effective truth-finding and fairness.
• E. Rule 61
  Rule 61 is a provision in the Rhode Island Rules of Civil Procedure that addresses harmless error, directing courts to disregard procedural mistakes that do not affect the substantial rights of the parties.
• F. None of above.