Emanuel S. Mendels

Emanuel S. Mendels, Jr. was a leading curbstone broker who organized the Curb Market Agency in 1908 that developed appropriate trading rules for curbstone brokers. In 1911, Mendels and his advisors drew up a constitution and formed the New York Curb Market Association, which can be considered as the first formal constitution of American Stock Exchange, today known as the NYSE Amex Equities.[1] Mendels died in 1911, after becoming seriously ill from ptomine poisoning.[2]

Early life

Mendels was born in New Orleans in 1850. His father, who had a small business was also active in Whig politics. After his parents moved to New Jersey, Mendels was employed at a brokerage house during the post war boom period. After four years of working in the brokerage firm, he left his position to be a curbstone broker.[3]

References

  1. ↑ http://abcnewspapers.com/index.php?option=com_content&task=view&id=11281 New York Curb Market Association
  2. ↑ Obituary
  3. ↑ Sobel, Robert (1970). The Curbstone Brokers. MacMillan. ISBN 1-893122-65-4.
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