US SEC votes allow half-penny stock pricing – MSN

The US Securities and Exchange Commission (SEC) has voted to allow half-penny stock pricing. This decision will impact how stocks are priced in the US market. The SEC’s vote will enable stocks to be priced in increments of half a penny, which is a significant change from the previous minimum pricing increment of one cent. This new rule is expected to provide more flexibility for traders and investors in the stock market. The SEC’s decision reflects ongoing efforts to modernize and improve the efficiency of the US securities market.