Neal Wolkoff is trying to make the American Stock Exchange safe for investors again. Good luck
Wolkoff, who has been on the job 18 months, aims to restore some of the Amex's damaged reputation by improving oversight of his freewheeling brokers and specialists and buying technology to make trades more efficient. Yet to keep the exchange chugging along, he needs to find lots more listings, and that means not being too picky about listing qualifications. "We can't guarantee the honesty of a company or that they will succeed," says Wolkoff. "But we can forcefully monitor them."
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