SEC to End Five-Cent Spreads on Small-Company Stocks

It didn’t receive much in the way of attention, but last week the U.S. Securities and Exchange Commission (SEC) announced its intention to end the pilot program testing five-cent bid/ask spreads. The program mandated minimum quotations and trading increments for stocks of certain smaller companies. It was originally scheduled to expire on October 2, 2018….


Common Stock Repurchases: A Bane or Boon to Shareholders?

Why Value Beats Growth: A Brief Explanation In the long run, value stocks perform better because the markets are not perfectly efficient and investors overpay for growth. That is not to say that value always outperforms. The key when it comes to all investment approaches is to have the discipline to see it through periods…