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To: re3 who wrote (44067)	5/31/1999 7:14:00 PM
From: J. P.	Respond to of 86076

<<what do we (you) need with an SEC anyway...let it be the wild west...it'd be cheaper ! and no illusions of protection>> Well, without em, then we'd have 2 point bid/ask spreads on stocks, and computerized buy/sell programs run amok. But the regulators can do more, and if some of this stuff is obvious to even me, then they can get off their fat lazy government dole butts, stop playing footsie with these guys and do something about it. Just like they're letting these online trading firms like Ameritrade get away with some very shoddy execution practices.