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
Forbes (March 12)
“If the economics world handed out gold medals for unintended consequences, Japan’s Yoshiro Mori would be a shoo-in.” While “Japan has had more sexist-rant scandals,” none of those “occurred on the IOC’s watch—or during the social-media age.” The $25 billion being spent on the Olympics could, oddly, “be money well spent if the sexism scandal that felled Mori gets Japan to finally get serious about gender parity,” expanding the annual economy by the $750 billion that womenomics is expected to unleash.
Tags: Economics, Gender parity, Gold medals, IOC, Japan, Mori, Olympics, Scandals, Sexist, Social media, Unintended consequences, Womenomics