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The pilot program next year will test the impacts of new quoting and trading increments for some small-cap stocks.
The SEC has approved a proposal by national securities exchanges and the Financial Industry Regulatory Authority (FINRA) for a two-year pilot program that will test the waters on implementing tick size regulations for some stocks, officials say. In a nutshell, the program will widen the minimum quoting and trading increments – also known as tick...
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