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Non-Tech : Traditional brokers/SEC conspiracy

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To: Wiselight who wrote (64)10/28/1999 8:54:00 PM
From: nick nelson  Read Replies (1) of 104
 
thestandard.com

Phil Gramm is a Donkey's A _ _ Republican obstructionist...

<<That drew some skepticism from Senate banking committee chairman Phil Gramm who said the market should "exert its influence on 390 rather than trying to overturn it in some regulatory way.">>

Levitt is the GREATEST!! I wish Clinton would backup and support his appointee, Artie Levitt, instead of always bending over for the Gramm-cracker.

<<"At the very least, I believe that strict corporate separation of the self-regulatory role from the marketplace it regulates is a minimum for the protection of investors in a for-profit structure," Levitt said.

He said he wasn't in favor of a particular model for regulating the exchanges as they go public, and took pains to point out he wasn't necessarily advocating a single regulator for the two exchanges.

"I have not come out in favor of a single regulator," Levitt said. Instead, he said that idea, among others, needs study.
>>
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