Wednesday, March 23, 2016

IEX FTW

On Friday the SEC delayed ruling on IEX’s Exchange Application for three months – to June 18th 2016. Having read over 400 comment letters, they issued this notice, and request for more public comment. They state they did not have enough time to ponder IEX’s early March amendments to its application.
SEC seems to be getting pressure from existing players. Time to write some letters?