The proposed tick size pilot program seeks to implement a pilot program to modify tick sizes for small-capitalization companies whose shares are traded on the National Market System, pursuant to the SEC's June 24, 2014 order.
The proposed tick size pilot program seeks to implement a pilot program to modify tick sizes for small-capitalization companies whose shares are traded on the National Market System, pursuant to the Securities and Exchange Commission's June 24, 2014 order. CFA Institute believes the exercise is worthwhile due to the information the commission will glean from its application.