In bad odor with large sections of the U. S., the New York Stock Exchange has been cleaning house for more than a year. Last week it swept out a particularly grimy corner. Six members were suspended, for periods ranging from one month to three years, for tipping Exchange employes. All the suspendees were bond traders, members of the foreign bond "crowd" located on the floor of the Exchange but apart from the main body of stock brokers.
Members Seeholzer, Sagar, Schmeltzer, Wurzler, Goerz and Robertson used to tip the employes who carry order...
To continue reading:
or
Log-In
