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- H.R.1952
H.R.1952: Spread Pricing Liquidity Act of 2013
About This Bill
- Introduced May 13, 2013
- Latest Major Action May 13, 2013
Bill Sponsor
Bill Summary
Spread Pricing Liquidity Act of 2013 - Amends the Securities Exchange Act of 1934 concerning the national market system for securities to authorize the board of directors of an issuer with a public float of $500 million or less to select to have the issuer's securities quoted and traded using an increment (tick) of either $0.05 or $0.10. Prohibits selection of the $0.05 tick unless the average trading price in the most recent 1-month period...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 13, 2013 |
Referred to the House Committee on Financial Services.
|
| May 13, 2013 |
Introduced in the House by David Schweikert (R-Ariz.) |