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Lawmakers Pushing for Further Relief:Two 31(a) Bills Floating as NASD Polishes Off Special Rule E

Traders Magazine, July 1998

Jeffrey L. Winograd

Pressure is building in the current session of Congress for legislation that would bring widespread relief from unpopular transaction fees on Nasdaq trades.

The spotlight on equity-transaction fees is largely the outcome of intense lobbying by a coalition of exchanges and trade groups, led by the Security Traders Association.

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