450 THE WORK OF THE STOCK EXCHANGE
The Committee of Arrangements (9 members) maintains
the Stock Exchange building and controls the telephone and
telegraph lines running into it. It supervises the observance
of many provisions of the Exchange Constitution and Rules,
and the conduct of business on the floor, considers complaints
of violation of rules, purchases supplies, and engages, pays,
and discharges employees.
The Committee on Business Conduct (6 members) con-
siders the business conduct and financial condition of members
and their customers’ accounts. It observes the course of trans-
actions on the Exchange with the view to seeing whether resort
is being had to improper transactions. It can at any time
examine into the dealings of any member, and report to the
Governing Committee any matter which in its judgment re-
yuires the consideration of that Committee.
To the Committee on Constitution (5 members) are re-
ferred all proposed additions, alterations, or amendments to
the Constitution of the Exchange.
The Finance Committee (7 members) examines, audits,
and budgets the accounts of the Exchange, and reports to the
Governing Committee thereto.
The Law Committee (5 members) deals with matters of
law affecting the interests of the Exchange, advises the Presi-
dent when requested by him, and in association with the Presi-
dent represents the Exchange in all matters affecting its general
interests. It is authorized and empowered in its discretion to
examine into the dealings of any member of the Exchange.
The Committee on Odd-Lots and Specialists (5 members)
has general supervision over dealings in lots of stock of less
than 100 shares and the methods of specialists.
The Committee on Publicity (5 members) has the duty,
under the direction of the President, of keeping the public cor-
rectly informed concerning matters of public interest having to
do with the Exchange.
The Committee on Quotations and Commissions (9 mem-
bers) requires observance of Exchange regulations regarding
