Details For SEC Decimalization Roundtable Announced

Title I of the JOBS Act mandated that a study be conducted on the impact of decimalization. This study was delivered earlier in the year, and the SEC announced that it would call for a roundtable to discuss the impact of decimalization and consider alternatives. The roundtable will be held at the SEC on February 5, and will consist of three panels. The first panel will consider the impact of tick sizes on small and mid-sized companies, the economic consequences of increasing or decreasing minimum tick sizes, and whether other policy alternatives might better address concerns raised by the JOBS Act. The second panel will address the impact of tick sizes on the securities market generally. The third panel will address potential methods for analysis of the issues, including a pilot study. Electronic or paper submissions may be submitted to the SEC.