Show STOCK MARKET Bill ADVANCED Measure With Teeth Given Okeh by House Sub Sub- e I i WASHINGTON April 18 R IP- Leaving in a sharp top tooth favored by President Roosevelt lt but opposed by bystock bystock stock e exchanges changes a committee of house members today voted forward the Fletcher Rayburn bill Fresh upon renewed White House advocacy of a bill with teeth It was decided to recommend to the fun full interstate commerce committee the inclusion of a 45 per cent marginal requirement That is anyone buying tock stock would have to put up 45 per percent percent cent of the value in cash Contrary to the senate enate banking committees committee's bill which sets up a epa sepa- separate rate commission to regulate stock ex cx- changes the house measure invests the re regulatory authority in the federal federal fed fed- eral trade commission The senate committee deferred action ac ac- tion on the revised bill until tomorrow tomor tomor- row to permit its members to study the changes made b by a tee Chairman Fletcher said the committee committee com com- had discussed turning the administration ad ad- ministration of the securities act over overto to the proposed market regula regulating tine commission but there had been no vote on the proposal I Fletcher s said id he might offer some ome amendments to the securities act but would submit them as separate leif laUon and not as amendments to the stock bill I |