Institutional Investor (May 31)
Last December, “the SEC proposed a set of trading reforms detailing significant changes on vital features such as tick size, the access fee cap, and competition for retail orders.” NASDAQ broadly supports the moves, but worries that “they may not accomplish what the SEC is trying to accomplish” or lead to “unintended consequences that harm liquidity.” Instead, NASDAQ and others believe the SEC “should sequence the proposals rather than do them simultaneously and pause periodically to assess the impacts and determine whether additional reforms are warranted.”
Tags: Access fee cap, Assess, Competition, December, Impacts, Liquidity, Nasdaq, Proposals, Retail orders, SEC, Sequence, Tick size, Trading reforms, Unintended consequences
Chicago Tribune (June 29)
“As Canadian wildfire smoke blanketed Chicago on Tuesday and Wednesday, the Windy City earned the unwelcome distinction of having the ‘worst air quality of any major city in the world.’” North American wildfires are proliferating and “today consume twice as much land… than they did in the 1990s.” This is clearly “a climate issue. But if we fail to take action on forest management, the impacts of climate change—drier, hotter, longer fire seasons—will only further contribute to the flammability of our overly dense forests.”
Tags: Air quality, Canada, Chicago, Climate change, Drier, Fire seasons, Flammability, Forest management, Hotter, Impacts, Smoke, Wildfires
