A Move on Market Structure
Traders Magazine, January 2003
Market structure reforms will be enacted later this year through a series of new SEC rules. That's according to Annette Nazareth, director of the SEC's Division of Market Regulation. Nazareth says that there is a compelling need to act on reforms as soon as possible. Securities industry groups, such as the Security Traders Association and the Securities Industry Association, have been pushing for regulatory action. Several of their officials have warned that the SEC is ignoring the critical issue of marker structure. The STA has warned that, in a market crash, the liquidity of many mid-size companies could become questionable.
Copyright 2003 Thomson Media Inc. All Rights Reserved.
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