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Lawmakers' Decimal Plan Could Be Risky

Traders Magazine, April 2000

William Hoffman

A plan to simultaneously trade listed shares priced in decimals, and Nasdaq shares denominated in fractions, could unleash chaos in the nation's stock exchanges, according to the decimal project manager for the Securities Industry Association.

Yet despite requests from NASD officials that the July 3 decimal implementation be delayed, some lawmakers still wanted to push ahead.

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