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Fee Reform Still on Track, Lawmakers Claim

Traders Magazine, May 2001

Gregory Bresiger

Traders have been burned in Congress on two previous occasions by friendly lawmakers who couldn't deliver the goods and reduce a securities tax. Is it going to happen again?

That's what some might have been wondering after the Security Traders Association's recent Congressional conference in Washington, where industry executives had been hoping to announce their top legislative priority - the reduction of Section 31 fees - had passed Congress and was headed to President Bush.

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