SuperMontage Delayed Again
EXCHANGE
NEW YORK--The Securities and Exchange Commission (SEC) will not be meeting on August 12 to decide the actual launch date of Nasdaq’s SuperMontage system as was expected thus effectively delaying again the live launch of the new system.
"There was no meeting announced … and frankly I don’t know why," says John Heine, a spokesman for the SEC. While the SEC suggested on July 25 that a meeting take place for Aug. 12, that does not necessarily mean that it was going to happen, Heine says. "I don’t
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