Investors Lose in Today’s Markets, Says Former NYSE Head Grasso
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Investors haven’t benefited from changes in the way the market functions, according to Dick Grasso, the former head of the New York Stock Exchange.
“The structure of the market today for major securities has been terribly hurt,” Grasso said in a taped interview for the television program “Wall Street Week” that also was streamed online. “A fast market is not necessarily a fair market.”