Proposed Stock-Transfer Tax Could Send NYSE Packing


By —— Bio and Archives--February 10, 2021

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Two professional football teams left New York for another state – but the New York Stock Exchange? That is a possibility if the Empire State imposes a transfer tax on stock sales, according to the exchange's president. In a Tuesday op-ed in The Wall Street Journal, NYSE President Stacey Cunningham said she and 25 other representatives of New York's securities industry sent a letter to state legislative leaders warning against the unintended consequences of imposing such a tax.-- More...
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