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Securities Group Proposes Trading Curbs: The Securities...

From Times Staff and Wire Reports

Securities Group Proposes Trading Curbs: The Securities Industry Assn.urged Congress and industry regulators to impose various market reforms to reduce stock volatility. The group wants all equity-related products, including many futures contracts, to be regulated by one agency instead of two, standard margin requirements in the stock and futures markets and cross-market “circuit breakers” to stem trading when the stock prices fall below certain levels.

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