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Fortnightly Magazine - January 15 1996

near future because a Presidential election year offers little promise for significant legislation. Federal energy initiatives, in particular, have never garnered the headlines that characterize, and form an essential component of, a Presidential election.

There is something to this suggestion. Then again, perhaps a dark horse Presidential hopeful (em perhaps even Forbes (em will latch onto the proposed repeal of PUHCA and make it a campaign issue. After all, just look at what PUHCA did for Willkie. t

James Moeller is an attorney with the U.S. Securities and Exchange Commission (SEC), an adjunct professor at George Washington University, and a freelance writer. The SEC, as a matter of policy, disclaims responsibility for any private publication or statement by any of its employees. The views expressed herein are those of the author and do not necessarily reflect the views of the Commission or of the author's colleagues upon the staff of the Commission.


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