Dodd-Gramm bill due; GFOA seeks D'Amato's opposition

Hume, Lynn Stevens
October 1997
Bond Buyer;10/07/97, Vol. 322 Issue 30246, p4
Trade Publication
Reports on US Senators Christopher Dodd and Phil Gramm's plans to introduce legislation to preempt state securities laws for private action lawsuits involving nationally traded securities. Opposition of public finance officials on the proposed legislation; Claims of legislators on the importance of the measure to prevent trial lawyers from circumventing the 1995 Private Securities Litigation Reform Act.


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