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Is SEC Nasdaq Probe Concluded?

Traders Magazine, January 1999

Jeffrey L. Winograd

The Securities and Exchange Commission last month closed the final chapter on the price-fixing allegations that rocked Nasdaq, reaching settlements with 28 broker dealers and 51 individual traders.

It is now assumed by market professionals that the only thing remaining is the lingering bitter after-taste of the scandal itself. Nonetheless, in a telephone interview, an official at the SEC, speaking on condition of anonymity, was equivocal about the closure of the case.

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