Senator Ted Kaufman (D-DE) is to request that the Securities and Exchange Commission conduct a review of the stock market structure, according to Reuters. Kaufman, who serves as an advisor to the vice president, has said in the past that regulatory movement has made the stock market too fragmented, with potential conflicts of interest a threat. He will lobby the SEC to undertake a full review of the stock market as it currently stands.
Senator Wants SEC to Review Stock Market
A Delaware senator wants the SEC to conduct a full review of the current stock market structure, believing that conflicts of interest are too prevalent.
August 24, 2009