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'User fee' primed for another appearance


The futures industry was once again fighting back against a proposal by the George W Bush administration to impose a tax on futures trades.

The White House's proposed fiscal 2007 budget included a "user fee" on all futures transactions. As with past futures tax...

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“The banks are investors too. I can’t favour investors with inside information – that’s basically what this is.”

TAM's treasurer voices frustration with Brazil’s new derivatives registration initiative.