American exchanges are working furiously to develop winning strategies and products to compete in the global capital market. Closely watching - and always guiding - this interesting evolution is the Securities & Exchange Commission (SEC). With a larger view of how the US market should be shaped, the SEC is following up on its now-famous Market 2000 study, fine-tuning the market mechanism to allow corporations smoother access to capital.
One SEC leader who is key in this process is Howard
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