SEC probes stock market fees in open hearings
The Securities and Exchange Commission launches an open hearing series to study minimum fee structures on stock trades and fee splitting among major brokerages. The probe, with NYSE experts, aims to detail who pays fees, how they are calculated, and potential reductions, possibly cutting large-transaction costs.
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United States
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Old Milwaukee Days Opens With Circus Wagons Parade
An estimated 100000 spectators crowded Milwaukee's lakefront hippodrome to view Baraboo's Circus World Museum wagons opening Old Milwaukee Days. Despite soggy grounds and winds, crowds pressed near draft horses as officials planned barricades to keep visitors safe.
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Milwaukee
Immigration Crackdown Targets Illegal Domestic Help
Immigration officials launch nationwide drive to round up illegal aliens employed as domestic workers. In the New York area an estimated 70,000 workers may be affected, with 100 people arrested Friday in the crackdown on the black market immigration of alien domestic help.
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New York
New York Area
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