SEC to decide fate of merger of NASD-NYSE regulatory units

05/15/2007 | InvestmentNews (free registration)

The merger between the regulatory units of the New York Stock Exchange and the NASD is now in the hands of the Securities and Exchange Commission, after the dismissal of a lawsuit aimed at stopping the merger. Changes to NASD's bylaws must be approved by the SEC, and industry insiders expect that will happen fairly quickly.

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