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 and traded in the market. Investors will now be able to buy and sell stocks at a price of half a cent, instead of the previous minimum of one cent. This change is expected to increase liquidity in the market and make trading more efficient. The SEC’s decision reflects the evolving nature of the stock market and aims to adapt to the changing needs of investors.