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Most of its recommendations could be accomplished through rule changes by the S.E.C.
Now MLB is the latest league looking to inject offense into its sport through rule changes.
The league bounced back through rule changes that made the game more exciting, and because the Winter Classic and the Winter Olympics helped draw new fans.
The game that fogs so many brains and harms so many bodies must be made safer, through rule changes, equipment improvements and attitude shifts.
The discussion among the S.E.C. commissioners yesterday was mostly about the pros and cons of giving investors the ability to opt out of the trade through rule.
Such a classification, stock market officials argue, obviates the need to let some investors opt out of the trade through rule.
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The trade-through rule will soon be loosened, if not eliminated.
He found ample reason to overturn the rushed-through rule as a violation of Congressional intent.
Now the extension of the trade-through rule, to more markets and more orders, is also a threat.
Its chairman, Richard Baker, left little doubt that he thought the NYSE obsolete and the trade-through rule anti-competitive.
"The risk is that if they abolish the trade-through rule, there would be more internalization," Mr. Thain said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com