Sunday, October 28, 2012

SEC Weighs Bringing Back Fractions in Stock Prices

The Wall Street Journal reports on how some power people want to bring back a bigger tick size on this claim:
As evidence, people in this camp point to the decline in the number of U.S.-listed company IPOs raising less than $50 million. In the late 1990s there were typically more than 100 such IPOs a year, compared with fewer than 10 so far this year, according to Dealogic.
If you want more IPO's , Congress could get rid of Sarbanes-Oxley and Dodd-Frank.