
Happy Holidays from the SEC
Boxes and Lines
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What Do You Think?
John Ramsey: My sense is that there's a lot of support for having to take smaller than a cent. The trade-off here is you increase the flexibility for people in terms of quoting, but you also create the potential for a lot of noise," he says. "You can jump ahead of a quote potentially if this were to pass a tenth of a penny"
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