National Market System: Five Year Status Report : Report Together with Separate Views
United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations
U.S. Government Printing Office, 1980 - Securities - 105 pages
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
1975 Amendments ability action activity additional adopted allow AMEX analysis asked Association assure average basis brokers Chairman Cincinnati clear Commission Commission's Committee competing competition concerned Congress costs criticized Dealers designed determine discussion Economics effect eliminate Exchange Commission execution existing expected facilities findings firms floor further hearings House improvements increased indicated industry institutions interest investors issues January June legislation Letter limit orders linkage linked listed major March market makers measure meet NASD NASDAQ national market system necessary note 9 NYSE off-board offers operation Oversight participants period PHLX portfolio position President priority problems progress proposed protection questions quotation regarding require respect response restrictions result risk role rules Securities and Exchange sell shares specialist spread Subcommittee Supra tion transaction variable Vice volume York Stock Exchange
Page 48 - use its authority to facilitate the establishment of a national system for the prompt and accurate clearance and settlement of transactions in securities.
Page 19 - do not impose any burden on competition not necessary or appropriate in furtherance of the purposes of the
Page 3 - Subcommittee on Oversight and Investigations and Subcommittee on Consumer Protection and Finance of the House Committee on Interstate and
Page 91 - [sic] for the Commission or any other agency of the government to predetermine and require a particular structure. Instead, the Commission is directed to act to modify the structure as it evolves through the
Page 9 - impose any burden on competition not necessary or appropriate in furtherance
Page 15 - fair competition among brokers and dealers, among exchange markets, and between exchange markets and markets other than exchange markets.
Page 9 - review exchange rules which limit or condition the ability of members to effect transactions in securities otherwise than on such exchanges and
Page 19 - limit or condition the ability of members to effect transactions in securities otherwise than on such exchanges.