Things That Go Bump in the Night

- WatersTechnology Staff
- 02 Nov 2009

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Once again, U.S. Securities and Exchange Commission (SEC) chair Mary Schapiro used the soapbox of the Securities Industry and Financial Markets Association's (Sifma's) annual meeting to drive home the fact that regulators are looking to address systemic changes to combat so-called multi-tiered markets (see story, this issue).

The dirty little secret is that the industry already has and will probably have going forward, a two-tier system that divides the world between retail and institutional

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