Free Site Registration

Hearings Likely on Fee Cap As SEC Assessments Soar

Traders Magazine, June 1999

William Hoffman

The sponsor of legislation to cap Section 31(a) transaction fees expects the House Commerce Committee to hold hearings sometime before Congress's August recess, a spokesman said.

"The bill seems to be moving along very nicely," said Craig Donner, press secretary to Rep. Vito Fossella (R-N.Y.), the sponsor of H.R. 1256, the "Savings and Investment Relief Act of 1999."

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?