ThedaBenjaathon
11-10-2004, 05:39 PM
The SEC is proposing a plan that would make the presence of governance and self-regulation stronger within the American stock exchanges. The agency voted to open the plan to public comments so that the new rules can put in place possibly before the end of the year.
“But the SEC proposal makes the significant move of requiring the exchanges to take steps toward separating their self-regulation from their commercial operations.”
“Broader questions remain as to whether the self-regulatory system, as currently structured, remains the best and most efficient model for overseeing markets and market participants.”
To learn more go to: http://www.nytimes.com/aponline/business/AP-SEC-Stock-Exchanges.html?oref=login
“But the SEC proposal makes the significant move of requiring the exchanges to take steps toward separating their self-regulation from their commercial operations.”
“Broader questions remain as to whether the self-regulatory system, as currently structured, remains the best and most efficient model for overseeing markets and market participants.”
To learn more go to: http://www.nytimes.com/aponline/business/AP-SEC-Stock-Exchanges.html?oref=login