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Fee Proposed for Futures Transactions: The Bush...

From Times Staff and Wire Reports

Fee Proposed for Futures Transactions: The Bush Administration’s 1991 budget seeks an 11-cent-per-transaction fee on futures trades to cover the expenses of the Commodity Futures Trading Commission, which oversees the nation’s futures markets. Spending for CFTC would increase by about $7.7 million to $44.5 million.

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