Nasdaq's Print Facility Draws Critics: TRFs for Everyone?
Traders Magazine, May 2006
The trade-reporting saga continues. Nasdaq's proposal for a trade reporting facility (TRF) will either blaze a new regulatory path for other exchanges or will steal a march on them. That's the nub of the debate over the TRF plan, which is crucial to Nasdaq winning final approval of the exchange by this summer.
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