WASHINGTON, DC--Securities and Exchange Commission chairman Arthur Levitt last week laid the blame for the delay in decimalization at Nasdaq’s door. Decimalization, which the SEC intended to phase in starting July 3, has now been officially delayed.
The National Association of Securities Dealers (NASD) recently expressed concern about its readiness to proceed with the conversion to decimal trading. Association chairman and CEO Frank Zarb sent a letter to Levitt at the SEC earlier this year t
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails