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About: Small Cap Liquidity Reform Act of 2013     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Legislation106535222, within Data Space : dbpedia.org associated with source document(s)

Type: personyago:Abstraction100002137yago:CivilLaw108453464yago:Collection107951464yago:Group100031264yago:Law108441203yago:Legislation106535222 New Facet based on Instances of this Class

The Small Cap Liquidity Reform Act of 2013 (H.R. 3448) was a bill that was intended to increase the liquidity on the stock market of stocks belonging to emerging growth companies. It would allow small companies to choose a tick size of $0.05 or $0.10 instead of the standard $0.01. To participate, companies would need to have stock prices of over $1.00 and revenues of less than $750 million. It was introduced into the United States House of Representatives during the 113th United States Congress.