Futures Shock: Are Greedy Brokers Ruining The Economy?
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Author
Carvell, Steven A.
Abstract
[Excerpt] In a recent public relations document, the New York Stock Exchange defines its mission statement as to: “Support the capital-raising and asset management process by providing the highest quality and most cost-effective, self-regulated marketplace for the trading of financial instruments.” The common thread that runs through this and similar statements made by organized financial markets from Frankfurt to Tokyo is that they hold as their primary goals to help companies raise capital and to provide a liquid and efficient aftermarket for those securities.
Date Issued
1991-01-01
Keywords
Rights
Required Publisher Statement: POSTED WITH PERMISSION. COPYRIGHT © 1991 LEADERS MAGAZINE, INC.
Type
article