Securities Operations: Update on Actions Taken to Address Day Trading Concerns

Abstract

In 1999, day trading 1 began to receive intense scrutiny from state and federal regulators and the Congress because of concerns that it posed significant investor protection and market integrity issues. In particular there was concern that broker-dealers promoting day trading as a strategy (day trading firms) sometimes used questionable advertising to attract customers without fully disclosing or by downplaying the risks involved. Many were also concerned that traders were losing large amounts of money by using a day trading strategy. Report to Congressional Requesters

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 2001
Accession Number
ADA398279

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Energy and Power Technologies

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • Commerce
  • Computer Communications
  • Congress
  • Corporations
  • Electronic Mail
  • Governments
  • House Of Representatives
  • Law
  • Money
  • National Governments
  • New York
  • Retail
  • Training
  • United States
  • Websites

Readers

  • East Asian Political and Security Studies within the Soviet Union
  • Government and Public Administration Law.