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Warm Winds Of Change Blow At Annual PSA Meeting

SPECIAL REPORT

What's mint-green by day and navy blazered by night? The public securities industry at its annual Public Securities Association meeting and golf-fest, held at the Arizona Biltmore in a very sunny Phoenix two weeks ago.

But the tone was less than relaxed at many of the conference sessions, where regulators and legislators alike were on hand to remind dealers that 1992 won't be all fun, sun and games.

As the Department of the Treasury's Jay Powell said to audience laughter: "We're the folks from

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