August 14, 2017
I would like to express my displeasure at the limiting of trading in certain securities to .05 increments. This only serves to limit liquidity. I could see it used on stocks over $500 but I recently encountered it on a $26 stock. This is too large a percentage of the overall price. More than a few times I have declined to purchase or sell it due to that increment. This is a bad rule that reduces capital movement.