SEC approves its overhaul of stock pricing, exchange fees
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, which came with a unanimous vote from the five commissioners,
Stocks are currently priced in increments of one-cent. But a move by the SEC could lower transaction costs for consumers.
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The Securities and Exchange Commission approved a change to market rules that would see the prices of many stocks quoted in half-cent increments. WSJ’s Alexander Osipovich spoke to us about the move ...
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