Report of special study of securities markets of the Securities and Exchange Commission, Volumen5U.S. Government Printing Office, 1963 |
Dentro del libro
Resultados 1-3 de 55
Página 81
... function has become as important as , if not more important than , the brokerage function - on both a quantitative and qualitative basis . The second is that the conflicts of interest inherent in any simultaneous combination of dealer ...
... function has become as important as , if not more important than , the brokerage function - on both a quantitative and qualitative basis . The second is that the conflicts of interest inherent in any simultaneous combination of dealer ...
Página 82
... function , the maintenance of reasonable price continuity , is a useful one in several ways . A market which moves ... function ) seem to operate . The in- creasing importance of the specialist's dealer function for the entire market is ...
... function , the maintenance of reasonable price continuity , is a useful one in several ways . A market which moves ... function ) seem to operate . The in- creasing importance of the specialist's dealer function for the entire market is ...
Página 86
... function of providing continuity between transactions or in some circumstances he may be competing unfairly . The specialist's exclusive knowledge of the orders on the book and the known source of supply and demand available to him ...
... function of providing continuity between transactions or in some circumstances he may be competing unfairly . The specialist's exclusive knowledge of the orders on the book and the known source of supply and demand available to him ...
Contenido
Preface | 1 |
VII | 7 |
Qualifications of persons in the securities industry | 37 |
Otras 8 secciones no mostradas
Términos y frases comunes
action activities American Stock Exchange Amex appropriate areas basis board of governors broker chapter commission rate Commission's committees concludes and recommends consideration contractual plans controls convertible bonds dealer disciplinary disclosure effective enforcement Exchange Act exchange markets Exchange's execution existing Federal floor trading front-end load function important individual insider trading institutions interdealer investment advisers investment company investors involved issuers issues limited listed securities member firms ment mutual fund NASD nonmember NYSE odd-lot over-the-counter markets over-the-counter securities participation percent present principal problems procedures public interest purchase quotation system regional exchanges registered regulation regulatory relation respect responsibility retail role rules salesmen section 11(b securities business securities industry securities markets self-regulation self-regulatory agencies selling practices short sales short selling Special Study concludes specialists staff standards substantial surveillance tion trading markets transactions U.S. Steel underwriters wholesale York Stock Exchange