Intelligent Tick Study Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 29, 2022)
Intelligent Tick Study Act
This bill authorizes the Securities and Exchange Commission (SEC) to mandate the use of larger tick sizes in the trade of the securities of emerging growth companies. Tick size is the minimum price increment of a trading instrument. Specifically, the bill authorizes the SEC to designate a tick size larger than $0.01 but not more than $0.25 for these securities. The SEC must report on the impact of potential variations in tick size for all securities.
What just happenedMar 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateMar 29, 2022
- Mar 29, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 29, 2022IntroReferral10000
Introduced in Senate