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Transaction Tax Could Prove Stabilising

Thursday, 18 Aug 2011 | 2:00 AM ET

"There are lots of arguments against any tax, as we know. On the other hand, even a free marketer like me worries transacting has become so costless, so instant that it has become destabilising," Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC.