MFA issued the following statement from MFA President and CEO, Bryan Corbett, in response to the U.S. Securities and Exchange Commission (SEC) adopting market structure amendments. The reforms implement half-penny tick sizes, reduce access fees, and accelerate the adoption of amended “new round lot” and “odd-lot information” definitions.
“The market structure amendments will enhance U.S. capital markets and all investors will benefit from the move to half-penny tick sizes. It will improve market liquidity, efficiency, and resiliency and lower costs for market participants. The adopted transparency amendments will increase access to useful market information that will benefit the SEC, markets, and investors, including alternative asset managers and their beneficiaries like pensions, foundations, and endowments.” — Bryan Corbett, MFA President and CEO
Source: MFA
