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Back to Drawing Board for Regulators

Traders Magazine, November 2002

Staff Reports

Regulators found no consensus in meetings they held with market participants. For example, best execution remains a highly debatable issue in the wake of the recent market structure hearings conducted by the Securities and Exchange Commission. Participants debated whether it meant competition for best price, access fees, competition among market centers, speed versus price and who is responsible for attaining best execution on the institutional side.

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