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To: Bajasurfer who wrote (242)	3/11/1999 7:01:00 AM
From: puborectalis	Respond to of 10027

U.S. SEC to Regulate Online-Brokerage Firms, WSJ Reports Bloomberg News March 11, 1999, 12:52 a.m. PT Washington, March 11 (Bloomberg) -- The U.S. Securities and Exchange Commission is boosting its oversight of online brokerage houses through a series of formal examinations of some of the industry's top players, the Wall Street Journal reported, citing people close to the matter. The inquiry is still in its early stages and no one knows what action it might take, though its aim is to ensure compliance with the rules and investor protection, the WSJ said. It will also question the reliability of online trading; in recent months several firms suffered problems in operating their trading systems, meaning some investors couldn't place trades or access accounts, the newspaper reported. The U.S. Securities and Exchange Commission may seek to extend order-handling rules to the four U.S. stock-options exchanges in an attempt to make the best available prices accessible to investors, an SEC official said on March 4. (The Wall Street Journal Interactive Edition 3/11 www.wsj.com) --Abigail Wyatt in the London newsroom (44 171) 330 7018/ad