- FCA fines UBS £27.6m for transaction reporting failures
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- Equfund relaunches Reap to address housing shortage
- Lloyds CEO gives up final salary pension after growing pressure
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- NatWest launches ‘Back Her Business’ female-only crowdfunding
- Barclays to sponsor the FA Women's Super League expired
- Cambridge & Counties joins National Association of Commercial Finance Brokers expired
- Lloyds commits over £9m to support SME apprenticeships in the UK expired
- Buy-to-let market beats gold, cash and fine art for investment returns, finds VeriSmart expired
- UK's wealthy frustrated by struggles with high-street banks, says BML expired
- Brexit has inflicted serious damage on UK financial services, says deVere expired
17th April 2018
SEC to host roundtable on market structure for thinly-traded securities
The Securities and Exchange Commission (SEC) is to host a roundtable on 23 April that will address the market structure for thinly-traded exchange-listed securities, both equities and exchange-traded products.
The roundtable, which will be held at the SEC's headquarters at 100 F Street, NE, Washington, DC, will discuss the challenges faced by participants in the market for thinly-traded exchange-listed securities and potential improvements that might be considered to the market structure for these securities.
Smaller companies, the securities of which are often thinly traded, play an essential role in the economy. Currently, there is a single equity market structure for all National Market System (NMS) securities, large and small, liquid and illiquid.
The SEC is interested in views from a broad range of market participants as to whether targeted changes should be made to optimise the market structure for thinly-traded securities. The roundtable will be open to the public and webcast live on SEC.gov. Information on the agenda and participants will be issued shortly.