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To: Timelord who wrote (32145)7/5/1999 11:51:00 AM
From: Ellen  Read Replies (1) | Respond to of 44908
 
Until the SEC takes action and closes these loopholes,

Hear! Hear!

I long ago wrote the SEC about floorless debentures and the "legal loophole" they provide. Wish many others would too. The SEC finally changed Reg D's, maybe they'll eventually get around to this issue.

But what the h**l takes them so long...?