Welcome To The Bear Facts Specialist Report Informational Website

This page contains files of "Historical Information" and commentary on the Specialist System and how it operates as a "secret entity" in the background, on the floor of the New York Stock Exchange in direct competition with investors, and not for the benefit of investors as the media would have you believe. The articles and letters posted on this page are derived from not only the Special Study Report of the Securities and Exchange Commission issued in 1963, but also personal letters issued by such authors as Richard Ney and Senator Lee Metcalf, who co-chaired the Special Study Commission, and others. 

The majority of the Historical Information was written by Richard Ney. This information will allow the investor to see just how the Markets were manipulated during Mr. Ney's life time, and  then show how they are manipulated now. These articles will show the investor how Specialists use the Stock Market against them on a daily basis and how every stock on the New York Stock Exchange is included in the deception. I encourage all investors to take the time necessary to read these articles, and learn just how corrupt the Stock Exchange is when it comes to fair play as far as the investing public is concerned. 

Historical Information Written By Richard Ney:

Last modified: September 05, 2010