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This Day In Market History: Brokers Begin Trading Their Own Shares On NYSE

Retrieved on: 2018-04-08 23:33:45

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<div>The NYSE had previously prohibited its member firms from selling <b>stock</b>, as it required approval of all members' stockholders and would not have been able to keep track during rapid trading. It amended its constitution to allow DLJ to draw capital from the public markets, and soon after, a number of ...</div>

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