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Occupy protest set for July 4 in Philadelphia

CHICAGO (MarketWatch)-- Occupy groups will converge on Philadelphia for a series of protests during Independence Day festivities, according to the Associated Press. Philadelphia officials are faced with risk management and planning for additional visitors to the city: its Independence Day celebrations draw 1 million tourists to the city annually. Occupy protesters and city officials have previously butted heads, including an incident in November when several protesters were arrested following a police raid. "I don't think we've ever been better positioned to handle large events in Philadelphia than we are today," said Rich Negrin, Philadelphia managing director. The city plans to have an increased police presence, and the National Park Service will also aid the city in crowd control. The Occupy movement and Independence Hall Tea Party Association both plan to hold events on Independence Mall on July 4.