SEC Approves Nasdaq's Controversial Supermontage
TRANSACTION SYSTEMS
WASHINGTON, DC--The Securities and Exchange Commission last week voted in favor of Nasdaq's amended Supermontage proposal. Originally introduced in October 1999, Supermontage has undergone nine amendments over the past 15 months because of concerns raised by a large contingent of the ECN marketplace, as well as consumer groups and legislators in Washington, DC.
The new system, which Nasdaq says will be implemented in the first quarter of 2002, will provide investors with a deeper look at the
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