To amend the Securities Exchange Act of 1934 to eliminate legal impediments to quotation in decimals for securities transactions in order to protect investors and to promote efficiency, competition, and capital formation.
Common Cents Stock Pricing Act of 1997 - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission to require quotations in dollars and cents (decimals) for equity securities transactions and prescribe an implementation schedule.
Read twice and referred to the Committee on Banking.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E471)
Referred to the House Committee on Commerce.
Referred to the Subcommittee on Finance and Hazardous Materials.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by Voice Vote.
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