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To: John Madarasz who wrote (7033)6/24/1999 7:13:00 PM
From: TLindt  Read Replies (1) | Respond to of 20297
 
I found this interesting...

The Securities Exchange Act of 1934 prohibits pegging, the act of artificially holding a stock's price at a certain level for the advantage of the person or persons doing the pegging. However, SEC rule X-9A6 (1940) allows pegging by specialists in order to 'maintain an orderly market' while a large-block distribution of shares is taking place (2Ney, 117).