The Securities and Exchange Commission is pushing for new rules that will make the markets safer and, as ABC puts it, "ensure there is liquidity during stressful times." And one of the measures the SEC is trying to take is to eliminate stub quotes. And if you don't quite follow the potential danger of these orders, then Paddy Hirsch of Marketplace offers up an explanation:
Market makers, stub quotes and new SEC rules from Marketplace on Vimeo.
Posted
07-13-2010 5:32 PM
by
Graham Griffith
Filed under: Regulation, Marketplace Whiteboard, finance, sec, marketplace, paddy hirsch, markets, Securities and Exchange Commission, market behavior, stocks, stub quotes, market makers