Stock Exchange Chief Defends Floor Specialists Roles
New York AP report notes G Keith Funston defended floor traders and specialists before the House committee as the market fell after Kennedy's assassination. He credited specialists and floor traders with buying support while customers' selling pressured prices, and explained the functions of brokers, specialists, arbitrage, and other market terms.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
G. Keith Funston
House Interstate and Foreign Commerce Committee
John F. Kennedy
Stock Exchange
Broker
Treasury Stock
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