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The SEC on Wednesday approved a change that will allow some stocks to be quoted in half-penny increments. The measure will narrow bid-ask spreads and reduce costs for investors, the SEC said. As ...
After the vote by the commission's five members, SEC Chair Gary Gensler said the new rules would promote transparency, ... US SEC votes to allow half-penny stock pricing.
The SEC’s decision not to include pricing increments smaller than half a cent represents a likely win for industry, which had favoured the half-penny increment and objected to sizes included in ...
Exchanges can charge higher fees, as much as 0.1% of the quotation price per share, for stocks under $1. Those changes are largely in line with what the SEC first proposed in December 2022.
The US Securities and Exchange Commission has approved rules that will allow thousands of stocks and ETFs traded on exchanges to be quoted in half-penny increments. The agency’s move Wednesday ...
Wall Street's top regulator on Wednesday unanimously voted to allow stock exchanges to price many shares in increments of half a penny, rather than the current minimum size of 1 cent, aiming to ...
The five-member U.S. Securities and Exchange Commission was due to convene at 10 a.m. ET (1400 GMT) to vote on the measure. US SEC poised to allow half-penny stock pricing.
(Reuters) -Wall Street's top regulator on Wednesday unanimously voted to allow stock exchanges to price many shares in increments of half a penny, rather than the current minimum size of 1 cent, ...
(Reuters) -Wall Street's top regulator on Wednesday unanimously voted to allow stock exchanges to price many shares in increments of half a penny, rather than the current minimum size of 1 cent, ...
WALL Street’s top regulator on Wednesday (Sep 18) unanimously voted to allow stock exchanges to price many stocks in increments of half a penny, rather than the current minimum size of one cent, ...
US SEC votes to allow half-penny stock pricing Open in App. FLASH SALE. Sign In; Free ... Prior to the vote, SEC officials told reporters that 2023 data showed that as many as 1,700 stocks would ...