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News October 4, 2004 Issue

Market Structure 101

Have a vague sense that something important is going on regarding market structure, but havenít had time to get up to speed?

For a good overview of the basics, take a look at a September 28 speech delivered by SEC Commissioner Cynthia Glassman. She walks through the market structure debate, beginning with Congressí 1975 decision to establish a national market system right up to recent events.

The speech was delivered before the Council of Institutional Investors.