Commentary

David Weisberger
Traders Magazine Online News

Stop the BS & Promote Real Transparency!

In this shared blog, David Weisberger says a recent WSJ article is wrong and that traders do need to purchase faster and more comprehensive market data to avoid being fined for violating "Best Execution" obligations.

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August 31, 2003

Senate to Probe Market Structure

By Gregory Bresiger

The U.S. Senate Subcommittee on Securities and Investments will be holding "at least one and maybe two hearings on market structure sometime this fall," according to a staff member.

"The hearings will be broad and we will be taking testimony from all the major players in the securities industry," said a committee spokesman. The spokesman said the witnesses and the exact dates of the hearings have yet to be determined.