
The following is an excerpt from the Wall Street Journal (www.wsj.com) on 5/11/2010:
"Securities and Exchange Commission Chairman Mary Schapiro said Tuesday that regulators haven't yet found evidence of a "single cause" for last week's market plunge, as federal regulators established a joint advisory committee to look into the causes of the drop.
The SEC and the Commodity Futures Trading Commission said in a joint statement that the advisory committee will look at emerging regulatory issues and place its initial focus on the factors that contributed to the nearly 1,000-point dive in the Dow Jones Industrial Average last Thursday."
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derrick.jackson@mychaseagent.com (Email)
630.631.8380 (Phone)
630-701-1159 (Fax)
