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Block Stock Limits Proposed to Curb Market Drops
Urban A. LeJeune proposes restricting institutional selling to curb large price swings. A 5 percent daily down move would trigger limits and priority would shift to small sellers to protect individual investors.
MENTIONED IN THIS ARTICLE
Robert Metz
New York Times News Service
New York
Wrigley
Electronic Data Systems
Sears, Roebuck
Urban A. LeJeune
Wall St
Edwards & Hanley
E.f.o’reilly, Inc
Manhattan
LeJeune