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To: musea who wrote (89807)1/19/1999 10:16:00 PM
From: Scrumpy  Read Replies (1) | Respond to of 176387
 
Musea,

See WSJ, December 19, 1997. "Nasdaq Dealers Weigh $900M Settlement".
Apparently a class-action suit brought by investors. The SEC was "preparing to charge dozens of traders...for alleged price manipulation...". Several brokerages settled individually.

I ran across the article in two electronic day trading books.

Scrumpy