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18 December 2012

Decimalization Roundtable Planned

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The SEC announced that its staff will host a roundtable early next year to discuss the impact of decimal-based stock trading on small and mid-sized companies, market professionals, investors, and U.S. securities markets.
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The SEC announced that its staff will host a roundtable early next year to discuss the impact of decimal-based stock trading on small and mid-sized companies, market professionals, investors, and U.S. securities markets.  The roundtable will be held on Feb. 5 at the SEC's Washington, D.C., headquarters, and will be open to the public and webcast live on the SEC's website. Information on the agenda and participants will be issued shortly.  See the release at http://www.sec.gov/news/press/2012/2012-250.htm.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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