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May 1975
The following events occurred in May 1975:
==May 1, 1975 (Thursday)==
*Under pressure from the U.S. Securities and Exchange Commission, the New York Stock Exchange dropped the requirement of a fixed commission for stock transactions. Free to vary their rates, brokerage houses could compete for large investors by offering a lower charge than that for individuals.〔Geoffrey Poitras, ''Handbook of Research on Stock Market Globalization'' (Edward Elgar Publishing, 2012) p54〕 "Overnight...the average commission dropped by 75 percent," Alan C. Greenberg would note in 2010, adding "the 5,000 share trade of IBM stock 35 years ago included a $1,500 commission but today can be executed online for $8.95".〔Alan C. Greenberg, with Mark Singer, ''The Rise and Fall of Bear Stearns'' (Simon and Schuster, 2010) p55〕
*Hank Aaron broke the career record for RBIs runs batted in when his Milwaukee Brewers beat the Detroit Tigers 17-3. Aaron, who had already broken Babe Ruth's career home run record, surpassed Ruth's RBI mark with the 2,210th RBI.〔"Hanks Record Turns Mates On", ''Milwaukee Sentinel'', May 2, 1975, p1〕 Aaron's record of 2,297 RBIs remains unbroken.
*Born: Marc-Vivien Foé, Cameroonian footballer, in Yaoundé (died during match, 2003)
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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