21. The measures can plug loopholes but could do little to bring order to chaotic futures trading. 22. Within months, the NCAA, NBA and NFL responded by instituting a drug-testing policy or plugging loopholes in existing ones. 23. But as soon as the CSRC plugged one loophole, wily Chinese market players would discover new ways of outsmarting the regulators, analysts said. 24. They include the simplifation of the individual income tax structure and amendments to the corporate tax which would plug loopholes blamed for low collection rates. 25. The CSRC moved immediately to plug a loophole that allowed investors to open numerous trading accounts, making it difficult to track their total holdings. 26. The determination was backed by tighter regulatory controls put in place by authorities who moved swiftly to plug loopholes. 27. The government says it will plug the loopholes in existing laws. |