SEC Announces Panelists for Roundtable on Decimalization
Washington, D.C., Jan. 31, 2013 —
The Securities and Exchange Commission today announced the panelists who will participate in its roundtable next week on decimalization.
The February 5 roundtable, which will evaluate the impact of tick sizes on the securities markets, will consist of three panels.
Participants on the first panel will address the impact of tick sizes on small and mid-sized companies, the economic consequences (including costs and benefits) of increasing or decreasing minimum tick sizes, and whether other policy alternatives might better address concerns related to Section 106(b) of the JOBS Act.
Participants on the second panel will address the impact of tick sizes on the securities market in general, including what benefits may have been achieved and what, if any, negative effects have resulted.
Participants on the third panel will address potential methods for analysis of the issues, including whether and how to conduct a pilot for alternative minimum tick sizes. SEC staff is particularly interested in hearing what types of data that market participants should provide for use in assessing the effects of an increase or variation in minimum tick sizes for companies of different capitalizations.
The roundtable will begin at 9:30 a.m. in the auditorium at the SEC’s Washington D.C. headquarters located at 100 F Street N.E. The public is invited to attend and observe the discussion with seating available on a first-come, first-served basis. The event will be webcast live on the SEC website and archived for later viewing.
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Agenda and Panelists
9:30 a.m. | Introduction |
9:45 a.m. | Panel 1: Evaluating Concerns Relating to Tick Size for Small and Middle Capitalization Companies
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11:15 a.m. | Break |
11:30 a.m. | Panel 2: Evaluating Concerns Relating to Tick Size for the Securities Market Generally
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1 p.m. | Break |
2:30 p.m. | Panel 3: Studying the Effects of Alternative Tick Sizes
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4 p.m. | Roundtable concludes |
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Last Reviewed or Updated: June 10, 2013