Trading Tax Proposal in Congress Rankles Street
Traders Magazine, January 2010
A bill introduced by Rep. Peter DeFazio, D-Ore., to tax trades on stocks and derivatives has trading executives uneasy, but in fighting mode. "I'm not pleased with the progress of this bill in Congress," Bob Greifeld, chief executive at Nasdaq OMX, said at a recent meeting with investors, sponsored by Goldman Sachs.
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