KM Financial Solutions | NYSE says U.S. SEC plan to limit exchange rebates would hurt investors
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NYSE says U.S. SEC plan to limit exchange rebates would hurt investors

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.

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