The Securities and Exchange Commission (SEC) has given its approval for stock quotes to be displayed in half-penny ticks on exchanges. This decision allows for more precision in the pricing of stocks traded on the exchanges. The move is expected to benefit investors by providing them with more accurate and up-to-date information on stock prices. The approval by the SEC is a positive development for the financial markets and is likely to improve transparency and efficiency in stock trading. Overall, this decision will have a significant impact on how stock prices are quoted and traded on exchanges.
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