Difference between revisions of "Spear, Leeds & Kellogg"
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SLK has long been known as a leading specialist on the New York Stock Exchange. In 2004 SLK and four other specialist firms paid $240 million to settle with the Securities and Exchange Commission (SEC), which accused them of "front-running," artificially inflating the price of shares they held as a way to skim additional profits | SLK has long been known as a leading specialist on the New York Stock Exchange. In 2004 SLK and four other specialist firms paid $240 million to settle with the Securities and Exchange Commission (SEC), which accused them of "front-running," artificially inflating the price of shares they held as a way to skim additional profits. | ||
== Products and Services == | == Products and Services == | ||
Revision as of 20:00, 5 February 2009
| Spear, Leeds & Kellogg | |
| Founded | 1931 |
|---|---|
| Headquarters | Jersey City, NJ |
| Employees | 2,500 |
Spear, Leeds & Kellogg Specialists LLC is a specialist on the New York Stock Exchange. It is a subsidiary of Goldman Sachs Group. The firm was founded as in 1931 as Spear, Leeds & Co. by Harry Spear and Larry Leeds. James Kellogg joined the firm in 1941.[1]
Goldman Sachs acquired it in 2000.
History[edit]
Template:Infobox Midpage Need Sponsor
SLK has long been known as a leading specialist on the New York Stock Exchange. In 2004 SLK and four other specialist firms paid $240 million to settle with the Securities and Exchange Commission (SEC), which accused them of "front-running," artificially inflating the price of shares they held as a way to skim additional profits.
Products and Services[edit]
Key People[edit]
References[edit]
- ↑ Spear, Leeds & Kellogg. fundinguniverse.com.