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May Day

Observant1
in Other Investing
Today is a momentous day in the history of U.S. financial markets.
On May 1, 1975, the SEC abolished fixed commission rates for stock transactions.
Trading costs decreased significantly and the discount brokerage industry was subsequently unleashed.

https://jasonzweig.com/the-day-wall-street-changed-forever/

Comments

  • CrashCrash
    ...and May Day is observed in much of the world as Labor Day by a different name.
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