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The First Black-Owned Stock Exchange?

(Photo by Michael M. Santiago/Getty Images)It's amazing that in the year 2020 we can still say, "The first black" anything. That alone should let anyone know the damage systemic racism has played in the Black community and beyond. Rather than focus on that, let's focus forward as the first Black-owned Stock Exchange will soon be a reality and not just an elaborate vision.As a 25 year securities lawyer, Joe Cecala, the founder of The Dream Exchange, discovered that the structure of the US capital markets and current stock exchanges favored only the largest transactions with celebrity companies.