Senators introduce preemption bill; GFOA, others call move unwarranted

Hume, Lynn Stevens
October 1997
Bond Buyer;10/08/97, Vol. 322 Issue 30247, p35
Trade Publication
Reports on the introduction of a measure in the US Senate that would create uniform national standards for class action suits involving nationally traded securities. Opposition of the Government Finance Officers Association and other groups to the bill sponsored by Senators Christopher Dodd and Phil Gramm; Protection of penny stocks, delisted securities or securities sold only within a single state.


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