The 2012 Jumpstart Our Business Startups (JOBS) Act required the SEC to study the effects of decimalization on initial public offerings (IPOs) and small and middle capitalization companies. The resulting staff report recommended soliciting the views of investors, companies, and market professionals.
In December 2012, the SEC announced a roundtable on the broad topic of decimalization, how to best study its effects on IPOs, trading, and liquidity for small and middle capitalization companies, and what, if any, changes should be considered.
The roundtable took place in Washington D.C. on February 5, 2013.
At the event, three panels discussed various impacts of decimalization and tick sizes on the securities markets. The SEC welcomes feedback regarding the topics addressed at the roundtable. Information that is submitted will become public record.
- SEC Announces Panelists for Roundtable on Decimalization
Jan. 31, 2013
- SEC Announces Agenda for Roundtable on Decimalization
Dec. 21, 2012
- SEC Staff to Host Decimalization Roundtable
Dec. 3, 2012
- Learn about the implementation of decimalization in 2000.