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Councilman Sal Espino, who served when Hicks waged her war on the industry, said he favors crafting an ordinance similar to those adopted in Dallas and other cities to limit payday-loan storefronts at major intersections and in certain neighborhoods.
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The Securities and Exchange Commission initiated a temporary ban on short selling on 799 financial stocks from 19 September 2008 until 2 October 2008.
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