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Westly Commends Expected NYSE Electronic Trading Shift.
Business Editors/Political Writers
SACRAMENTO, Calif.--(BUSINESS WIRE)--Jan. 30, 2004
The following is the text of a January 30th letter sent by California State Controller Steve Westly to NYSE CEO John Thain.
Dear Mr. Thain:
Congratulations on the news that you are considering a proposal to shift more trading to an electronic system. If enacted, this would be a victory for investors and everyone eager to see the New York Stock Exchange move swiftly into the online age.
This action would help boost investor confidence. From the boards of CalPERS and CalSTRS, two of the largest pensions in the nation, I have advocated for reform so that our investors -- including teachers, police officers and transportation workers -- feel secure about their ...
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Source: HighBeam Research, Westly Commends Expected NYSE Electronic Trading Shift.