Legal

William Christie On The Real-World Consequences Of Research

Free registration required

Executive Summary

The presenters concluded that Nasdaq market makers were implicitly colluding to maintain artificially high trading profits at the expense of investors. The result: The SEC ordered a $1 billion settlement against Nasdaq, while Christie and Schultz won first prize for outstanding papers published in the prestigious Journal of Finance.

  • Format: Webcast
  • Size: 0 KB