As IMD was going to press, news emerged that McGraw-Hill was restructuring it Financial Information Services Group. The realigned group will be called Standard & Poor's Financial Information Services. The new group is organized around five business sectors: retail, institutional, corporate, international, and municipal.

Steven Wallman, a commissioner at the Securities and Exchange Commission, believes exchanges should convert to a decimal-based system of pricing. At a speech at Pace Universit

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