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What was the purpose of the Second-Tier Securit... - SS3 Commerce The 1979 securities and exchange commission decree no. 71. 1985; second tier securities market (SSM) 1999 investment and securities act. Question

What was the purpose of the Second-Tier Securities Market (SSM) introduced in 1985?

The Second-Tier Securities Market (SSM) aimed to provide smaller companies with a trading platform to raise capital and facilitate trading of their securities.

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