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Arthur Levitt: A Small-Cap Idea With Little to Recommend It

The SEC’s plan to create special exchanges sounds like a solution in search of a problem. Officials from the Securities and Exchange Commission are contemplating setting up a special exchange for small-cap companies—those with a market capitalization of less than $250 million. Proponents say many small companies need access to public markets,

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Posted: March 2, 2015 Monday 06:51 PM