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SECURITIES

From Times Staff and Wire Reports

Bill Sparked by Salomon Scandal: Responding to the Salomon Bros. Treasury auction scandal, two key Senate Democrats said they will introduce a bill to toughen laws covering the lucrative government securities market. The bill, unveiled by Sens. Christopher Dodd of Connecticut and Donald Riegle of Michigan, would make it a violation of securities law to make false or misleading statements in bidding for or buying Treasury debt.


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