The New York Stock Exchange and Public Opinion / Remarks at Annual Dinner, Association of Stock Exchange Brokers, Held at the Astor Hotel, New York, January 24, 1917

Name: The New York Stock Exchange and Public Opinion / Remarks at Annual Dinner, Association of Stock Exchange Brokers, Held at the Astor Hotel, New York, January 24, 1917
Author: Otto H. Kahn

By Otto H. Kahn

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About This Book

A financial practitioner addresses criticisms of stock market regulation, arguing that many abuses stem from outsiders rather than the exchange itself. He distinguishes private organization from public function, defends internal reforms and transparency measures, acknowledges evolving ethical standards, and accepts regulatory oversight only if the market fails its public duty. Practical mechanisms such as short selling are presented as legitimate checks on speculation. The remarks combine institutional defense with calls for self-correction and clear explanations of the exchange's role in supporting corporate and public financial activity.

About the Author

Otto H. Kahn

Otto H. Kahn was a prominent financier and public figure in the early 20th century, known for his influential writings on economics and public policy. He played a significant role in the financial sector, particularly in the context of the New York Stock Exchange. Kahn's works often addressed the intersection of finance and social issues, as seen in his notable book "Frenzied Liberty; The Myth of 'A Rich Man's War,'" where he critiques the economic motivations behind war. His contributions to discussions on government ownership of railroads and taxation reflect his engagement with contemporary economic debates. Kahn's insights continue to resonate in discussions of finance and public policy.