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Market specialists face calls for reform and competition
New York stock exchange critics question the monopoly of specialists who set prices and match buyers and sellers. Industry voices split on freeing competition, with investors arguing for multiple specialists to narrow spreads while exchange officials defend current practice.
MENTIONED IN THIS ARTICLE
New York
Sohn
the and Exchange Commission
Stock Exchange
New York Stock Exchange
Fred Carr
Carr
Bill
Fred
Sarina
Doane