House Subcommittee Readies Hearing On Off-Exchange Price Reporting
THIS WEEK'S LEAD STORIES
The U.S. House of Representatives Subcommittee on Telecommunications and Finance will hold a hearing in late July or early August to deal with the impact of computerized off-exchange trading systems on the National Market System's ability to produce a "best price" for individual securities.
Industry observers say the result of this hearing and others to come may be a reformulation of the way securities prices are reported. The Securities and Exchange Commission is now making a new effort to
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