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The Regulators Approve Soft Dollars?

Traders Magazine, September 2004

Gregory Bresiger

Soft-dollars supporters, watching the regulators closely, now believe that they will not abolish the controversial payment practice. That was their reaction to the statement of Securities and Exchange Commission Chairman William Donaldson. Donaldson recently told the Senate Banking Committee that "it would be a mistake to inhibit the access of investors to third-party research."

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