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- Whose side is an Exchange on when the chips are down? - Editor, 10 November 2006 - No Comments yet
The stock market is supposed to balance the interests of all stakeholders, which is understandable when everything is smooth, but which way does an Exchange lean when careful judgments are at stake? Well, the NASDAQ certainly comes out on top as far as small retail investors are concerned! The Exchange is ruthless when it comes to statutory returns, and makes no exceptions when it comes to warning erring member companies to fall in line, and even asking them to leave the list if need be.
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