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FIXCommittee election update: Jim Leman of Salomon Smith Barney was re-elected sell-side chair in the US, and Alan Line of Foreign and Colonial Management was re-elected the buy-side chair in Europe, each for a two-year term. Next June, the buy side in the US and sell side in Europe will be up for grabs, creating a two-year cycle that retains continuity.

Alliance Capital Management has plans to offer a Web product to its institutional clients. As design of Alliance's institutional site has just

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