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A Decade Later for Order Executions Are Investors Getting a Better Shake?

Traders Magazine, December 2002

Bill Tanem

In a speech two years ago, SEC Chairman Arthur Levitt claimed, in effect, that most OTC investors were being rooked. He said 85 percent of market orders then executed on the Nasdaq were not going to the markets with the best price. Investors were overpaying for executions, Levitt charged.

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