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Which sector will see the largest reduction in transaction costs by March 31, 2025?
2
Resolution / Starting Odds
Technology • 25%
Healthcare • 25%
Financials • 25%
Other • 25%
Financial analysis reports from reputable firms or official SEC data
Story
SEC Unanimously Votes Wednesday to Allow Half-Penny Stock Pricing
Sep 18, 2024, 02:14 PM
The U.S. Securities and Exchange Commission (SEC) has unanimously voted on Wednesday to allow stock markets to price shares in increments of half a penny, rather than the current minimum size of 1 cent. This change is part of a broader set of reforms aimed at promoting more competitive pricing and reducing investor transaction costs. The new rules will apply to thousands of stocks and exchange-traded funds (ETFs) traded on exchanges. SEC Chair Gary Gensler stated that the stock-pricing revamp addresses outdated rules and is designed to enhance market efficiency. Additionally, the SEC is pushing 10mil access fees.
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Similar markets
Less than 5% • 25%
5% to 9.99% • 25%
10% to 14.99% • 25%
15% or more • 25%
Yes • 50%
No • 50%
NYSE • 25%
NASDAQ • 25%
Cboe • 25%
Other • 25%
Technology • 25%
Healthcare • 25%
Financials • 25%
Consumer Goods • 25%
Technology sector benefits the most • 25%
Financial sector benefits the most • 25%
Healthcare sector benefits the most • 25%
Other sectors benefit the most • 25%
Yes • 50%
No • 50%
Technology • 25%
Healthcare • 25%
Finance • 25%
Other • 25%
Yes • 50%
No • 50%
Technology • 25%
Finance • 25%
Consumer Goods • 25%
Industrial • 25%
Defense • 25%
Healthcare • 25%
Education • 25%
Other • 25%
Technology • 25%
Healthcare • 25%
Financials • 25%
Other • 25%