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The Great DOB Leninist Smear

Traders Magazine, March 2005

Gregory Bresiger

Archipelago Holdings and others in favor of the Reg NMS Depth of Book (DOB) proposal have been smeared by people using techniques that would even mystify Lenin. At least that's what Archipelago suggests in a heated Reg NMS SEC comment letter. Opponents of the DOB plan are waging "very clever Madison Avenue propaganda," Arca says. Who are these people? Arca didn't specify. But it said the campaign is "being widely disseminated by reactionary forces." DOB backers have been branded "central planners," according to Archipelago.

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