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SEC to release revised stock trading proposals

[JURIST] Updating a story reported Monday on JURIST's Paper Chase, the US Securities and Exchange Commission has bowed to pressure to make public its revised proposals for US stock trading reform in order to allow continued public debate on the issue. Following intense lobbying amidst securities industry fears that a plan proposing major changes would be put to a vote with no further public discussion, the Commission announced Tuesday that its staff will recommend publication of the proposals to a Dec. 15 commissioners' meeting. Read the SEC statement here. The Financial Times has more.

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

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