The phenomenon of trading stock online has created new opportunities for individual investors, but regulators remain concerned about the practice.
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The phenomenon of trading stock online has created new opportunities for individual investors, who are flocking to the Net in droves. But all the activity also has attracted the scrutiny of regulators.
"Our mission is not to prevent losers or to modulate the sometimes mercurial movement of our markets."
-Arthur Levitt, SEC chairman
SEC urges more protection for investors
Prompted by rapid growth and increasing complaints of fraud and other abuses, government regulators are calling for more investor protection in online stock trading.
Exec: Schwab emulating Net stocks
630,000 stock trades a day online