SEC to End Five-Cent Spreads on Small-Company Stocks
Back in May 2015, the Securities and Exchange Commission (SEC) approved a two-year pilot program to test wider spreads on smaller stocks. The purpose of the program was to determine whether wider spreads will attract more market makers and make trading better for small stocks. Many national exchanges and the Financial Regulatory Authority (FINRA) had requested it.…
You must be logged in to post a comment.