Tax proposal could cripple options trading, experts say

05/27/2013 | Wall Street Journal, The

Experts are voicing concern about a tax change proposed by Rep. Dave Camp, R-Mich. Andy Nybo of TABB Group says the levy could crimp options trading as much as 40%. The proposal would penalize those "who use exchange-traded options to reduce the risks of owning stocks or to generate additional income from their stock holdings," according to the U.S. Securities Markets Coalition.

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