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Best Execution ECN

Traders Magazine, April 2000

Kevin Foley

SEC Chairman Arthur Levitt places best execution at the heart of the debate on market structure. Dismissing the need for new SEC rulemaking on execution quality during a period of rapid change, Levitt has warned market participants not to put off examining the duty of best execution.

"Rather we should use this time of change to think carefully about ways to realize more fully, the promise of best execution," Levitt told the annual conference of the Securities Industry Association in Boca Raton.

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