Introduction to the conference on the profitability of NYSE specialists.

Recent news reports about the compensation of New York Stock Exchange chairman Richard Grasso have focused unusual attention on questions of governance and the absence of market discipline at the NYSE. Because the NYSE is owned and operated by its members and enjoys special government benefits that limit competition...

Online registration for this event is closed. Walk-in registration will be accepted.

Few investors know that when they ask their broker for a current price of a New York Stock Exchange (NYSE) or NASDAQ stock, the broker is paying for this data and that the revenue from the sale...

The new governance structure at theNew York Stock Exchangeshould result in a more engaged board of directors, nimbler decision-making, and more effective regulation of trading practices.

Dual listing of six companies on NASDAQwill bring much-needed competition.

The SEC should open competition between electronic market centers and the NYSE by eliminating the trade-through rule.

In the new world, two large-volume exchanges will go toe to toe competing for business, and the specialists will be gradually replaced by transparent computers.

We should make the Nasdaq a true stock exchange, regulated by the NASD, and stop letting the NYSE regulate itself.