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Campaign to Block Huge Fees Increases

Traders Magazine, September 2003

Gregory Bresiger

Those firms with large bulletin board business will be hurt by the NASD's large Trading Activity Fee (TAF) increase. That's what members of the Security Traders Association's Trading Issues Committee are telling the SEC and the National Association of Securities Dealers. The STA was firing off a letter to these bodies as Traders Magazine went to press. "We believe this would have a major adverse impact on those who do a lot of bulletin board business," STA Chairwoman Mary McDermott-Holland, who's a member of the committee, told Traders Magazine.

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