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Last Chance to Torpedo Section 31?

Traders Magazine, January 2001

Staff Reports

The Nasdaq transaction fees levied on the sale of stock account for an infinitesimal proportion of the total amount paid on the trade by a market maker or other investor.

But that tiny sum - 1/300th of one percent of the sell price - has had a profound effect on the politics of Wall Street and the financing of the Securities and Exchange Commission over the past six years.

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