I hope you have taken the time to read that SEC di
Post# of 16816
Posted On: 11/12/2012 7:07:25 PM
I hope you have taken the time to read that SEC discussion as it has some really good pieces in it:
Quote:
However, OTC Markets and Knight objected to the proposed revisions to the minimum quotation size requirements of Rule 6433.33 Specifically, these commenters expressed concern that FINRA’s proposal lacked sufficient economic analysis to demonstrate that the proposed revisions to the minimum quotation size requirements would improve liquidity or lower transaction costs for investors.34 A third commenter suggested that the minimum dollar value of each tier size should be $100 as a means to provide greater transparency to all market participants.35 A fourth commenter supported the proposal to the extent that it would help prevent manipulative practices, but otherwise addressed topics unrelated to the proposal.36
Quote:
However, OTC Markets and Knight objected to the proposed revisions to the minimum quotation size requirements of Rule 6433.33 Specifically, these commenters expressed concern that FINRA’s proposal lacked sufficient economic analysis to demonstrate that the proposed revisions to the minimum quotation size requirements would improve liquidity or lower transaction costs for investors.34 A third commenter suggested that the minimum dollar value of each tier size should be $100 as a means to provide greater transparency to all market participants.35 A fourth commenter supported the proposal to the extent that it would help prevent manipulative practices, but otherwise addressed topics unrelated to the proposal.36
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