SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (13798)3/4/2004 3:57:07 PM
From: Chip McVickar  Respond to of 206824
 
tick-toc tick-toc tick-toc

This is a follow up to the Bernanke speech... which was an eye-opener on the implied lengths to which the government will go to prevent a deflationary depression.

Specialists play a major role in what Bernanke brings to light.

WSJ article today is worth reading with more detail then Forbes... This is new news.

WSJ article notes the year long investigation... but now states that 2 dozen senior individuals will be individually prosecuted and that some have already left their respective firms. Has this and would this cause serious disruption and will the new rules significantly change these firms within the overall skeeem.......?

NYSE probes individual specialists - WSJ
forbes.com

NEW YORK, March 4 (Reuters) - The New York Stock Exchange is investigating about two dozen individal "specialists" for potential trading abuses, the Wall Street Journal reported on Thursday, citing unnamed people familiar with the matter.

The probe concerns whether the specialists, who trade stocks on the NYSE floor,.......