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Six Years of Section 31 Futility?

Traders Magazine, November 2000

William Hoffman

Barring its unlikely resurrection in a post-election lame-duck session of Congress, legislation to reduce or cap Section 31 fees on securities transactions is dead.

David Franasiak, Washington counsel for the Security Traders Association, said fee relief proponents, such as the STA, would persevere as Congress entered post-election budget negotiations.

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