Whether it is Spitzer, the SEC, the NASD or the, god-forbid, the NYSE there has to be the lead or CHIEF COP out there to regulate the existing rule of law in the financial markets. There is none now.
With new competion, global reach and now the ultimate perveyor of greed, a publicly run company, the NYSE needs to get their house in order. Rid the Exchange of their regulatory function. You can't have it both ways boys.
The regulatory/enforcement function is flawed with a self-regulatory organization. Mr. Cox you better fix it now.
Scandal is not far away. And trust is all you really have.
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