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To: Scrumpy who wrote (89801)	1/18/1999 9:27:00 PM
From: Calvin	Respond to of 176387

Brazil increase rate from 29% to 41% dailynews.yahoo.com

To: Scrumpy who wrote (89801)	1/18/1999 9:35:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

The key word here is 'promised', I don't see any significant narrowing of spreads since 1997,do you? "..They promised to stop "conspiring" to keep spreads artificially wide."

To: Scrumpy who wrote (89801)	1/18/1999 9:39:00 PM
From: musea	Read Replies (1) \| Respond to of 176387

Scrumpy, NASDAQ was sued and settled for about a billion dollars in January 1997. They promised to stop "conspiring" to keep spreads artificially wide. They now get SOES'ed to death...but the average "lay" trader can live happily ever after. I have not noticed narrower spreads - was this the SEC bringing suit? Do you happen to recall where that billion dollars went? That's something like 3 bucks for every man, woman and child in the USA. The number of traders is smaller, of course... Thanks. -musea