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FINANCIAL ANALYSTS
RTRFOB8
December 20, 2002
New York Attorney General Eliot Spitzer (L) listens as Christine Bruenn, the
president of the North...
New York, United States of America
NEW YORK ATTORNEY GENERAL SPITZER AT SETTLEMENT PRESS CONFERENCE.
New York Attorney General Eliot Spitzer (L) listens as Christine Bruenn, the
president of the North American Securities Administrators Association,
speaks at a press conference at the New York Stock Exchange on December 20,
2002. The press conference was held to discuss a landmark settlement under
which top brokerages agreed to pay around $1.4 billion and accept new rules
of conduct to settle charges that they issued biased stock research. Steven
Cutler (2nd L), the enforcement director of the Securities and Exchange
Commission, New York Stock Exchange Chairman Richard Grasso (3rd L), and
NASD Chairman and CEO Robert Glauber (R) also attended. REUTERS/Peter Morgan

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