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Non-Tech : Traditional brokers/SEC conspiracy

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To: Wiselight who wrote (27)	9/22/1999 8:05:00 PM
From: nick nelson	Read Replies (1) of 104

Nice move by Rep. Mike Oxley <<Representative Mike Oxley, chairman of the House Commerce subcommittee on finance, said he asked Securities and Exchange Commission Chairman Arthur Levitt to make sure the two largest U.S. stock markets first change the way stocks are priced. >> quote.bloomberg.com I am going to contact Mike and recommend that he impress upon Arthur Levitt that Mr. Fagan can be "replaced" if he does NOT vigorously defend the right's of individual investors and quit giving "lip-service" to the market- makers and big-players. [worded slightly more mellow... <ggg>] Mike Oxley < mailto:oxley@hr.house.gov > house.gov The mandate of the Senate Banking Committee, headed by Texas Republican Phil Gramm, is to impress upon NYSE Chairman Richard Grasso and NASD Chairman Frank Zarb that "individual investors" are the engine that drives their markets and that they had better become aware of this fact or parish! Phil Gramm < mailto:Phil_Gramm@gramm.senate.gov > senate.gov

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