An SEC Life Saver For Market Makers? A Glimmer of Hope in Fee and Market Data Proposals
Traders Magazine, March 2004
Did the Securities and Exchange Commission's market structure proposal finally get it right this time? That's the question that trading practitioners and executives - who have been eagerly awaiting the SEC National Market System (NMS) plan for some two years - are asking as they wade through the hundreds of pages. No one seems sure at this point, but various groups are preparing to make their points in what is likely to be a protracted debate.
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