The SEC requires all publicly traded companies, foreign and domestic, to disclose financial condition, operating results, management compensation, and other areas of their business on a regular basis.
"This will lower costs for investors as well as improve liquidity, competition and price efficiency in the markets," SEC Chair Gary Gensler ... citing that around 74% of share volume is quoted ...
The SEC requires all publicly traded companies, foreign and domestic, to disclose financial condition, operating results, management compensation, and other areas of their business on a regular basis.
The changes could apply to about 2,400 securities, including stocks and exchange-traded funds, SEC officials said Tuesday during a press briefing. The number of so-called tick-constrained stocks ...