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). This enabled consolidation among the brokerage houses and banks, which led to the loss of multiple distribution channels for securities and reduced the ability for small players to survive. In the U.S. cents or 6.25
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