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Soft Dollars Take Back Seat on the Hill

Traders Magazine, March 2004


Congressional lawmakers are unlikely to make changes in soft-dollar practices this year, according to Congressional sources. That's because the clock is ticking in an election year and because two of the key Capitol Hill chairmen have affirmed that they don't want soft dollars killed. They also said that they favor greater disclosure and reform of the controversial practice, but they don't favor its abolition.

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