Exemption Allows Stephens to Advise, Buy School Bonds by Gwen Moritz Posted 5/12/2003 12:00 am Updated 6 years ago A exemption granted by the state securities commissioner will give Stephens Inc. more opportunities to profit on school bonds issues this year. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 15 days. Purchase Now Already have archive access? Login to view this article.