The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient
Pascal's View
MAY 13, 2011
This is a good example of technology driven market change being accelerated by new securities regulations). 1999 : Provisions that prohibit a bank holding company from owning other financial companies were repealed on November 12, 1999, by the Gramm-Leach-Bliley Act. In the U.S. these are very clearly structural changes.
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