Free Site Registration

Now or Never:

Traders Magazine, February 2001

Gregory Bresiger

It's now or never for the trading industry in the 107th Congress. Never have the

Security Traders Association's chances seemed so bright to obtain favored tax-reduction legislation of Section 31(a) fees. Still, if the industry isn't able to take advantage of this unique opportunity over the next two years, it will be a long time before it has another one, STA officials concede.

"This [Bush] administration is much more sympathetic than the previous one. This is the year to get things done," said Lee Korins, president of the STA. That's what STA officials and securities industry lobbyists tell Traders Magazine in a series of interviews about the new Congressional session and about their attempts to reduce the unpopular Section 31(a) tax, which is the STA's top priority in the current two-year session of Congress.

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?