31 May NYSE says U.S. SEC plan to limit exchange rebates would hurt investors
NEW YORK, June 1 (Reuters) – A proposal by the U.S.
Securities and Exchange Commission (SEC)to lower stock exchange
fees and limiting the rebates exchanges pay to brokers to
attract orders could cost investors more than $1 billion dollars
a year, the operator of the New York Stock Exchange estimated.
Securities and Exchange Commission (SEC)to lower stock exchange
fees and limiting the rebates exchanges pay to brokers to
attract orders could cost investors more than $1 billion dollars
a year, the operator of the New York Stock Exchange estimated.
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