*Letters

SIA Submits Comments to the SEC on a Decimal Implementation Schedules

Published on:
May 10, 2000

The Securities Industry Association (SIA)* provides comments to the Securitiesand Exchange Commission (SEC) on a proposal relating to decimal implementation schedules, File No. 4-430. SIA reaffirms its support for the phased-in approach of the original plan and continues to find inadvisable any plan for a fully bifrucated environment which all listed securities trade in decimals, and all NASDAQ securities trade in fractions.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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