Tough Job At Otcei

Speedy implementation is however the crux of the matter. Several of these recommendations had been aired from time to time, but precious little had been done about them. Perhaps one major problem lies in the nature of the exchanges board, which is dominated by the institutions. Since these institutions have other, and bigger, fish to fry, they have not been greatly concerned about the fate of the exchange they have sponsored. The exchanges management committee, constituted five years ago, has on it several members who have little knowledge of the markets. The Dave committee has minced no words in saying that the promoted institutions need to play a more active role in the OTCEI. Perhaps involving the dealers more closely in the management will help.