1 Year Ago
Decimalization, which the SEC intended to phase in starting July 3, was officially delayed, and chairman Arthur Levitt laid the blame at Nasdaq’s door. In defense of the exchange, Frank Zarb, chairman and CEO of the National Association of Securities Dealers, sent a letter to Levitt earlier in the year highlighting the NASD’s concerns regarding the recent growth in Nasdaq. Nasdaq felt that if the conversion to decimalization were to go ahead as originally planned on July 3 it might
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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