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Oxley Has His Eyes on Soft Dollars: Lawmaker on Campaign to Defend Investors' Interests

Traders Magazine, February 2003

Gregory Bresiger

Soft dollar arrangements are legal, but they may be in trouble. A key lawmaker wants some answers about how they work and whether they hurt the average investor. House Financial Services Chairman Michael Oxley (R-Ohio), examining the trading patterns of some mutual funds, is questioning if they are obtaining the best returns.

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